EUR/USD – 1H – BUYThe currency pair Euro/US Dollar (EUR/USD) breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance level at 1.15894 will continue.
Caution: A possible reversal of the trend in the direction of the support line at 1.15025 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.16448 |
| 2nd High | 1.1644 |
| Next High | 1.15894 |
| Current Price | 1.15728 |
| Next Low | 1.15025 |
| 2nd Low | 1.14994 |
| 3rd Low | 1.14571 |
1.15894 – 1.15727 – 1.15777 – 1.15025 – 1.15253 – 1.15282 —
1.15733 – 1.15720 —
50.570267934427 – 50.18775821561 —
– —
1.15894 – 1781215200
Trading Signals: FOREX – EUR – EUR/USD – USD – – – – – – – – – –