1,5683. EUR USD is in an uptrend supported by 4H exponential moving averages. EUR USD is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. The price should find a support above 1,5570. The uptrend should continue to gather momentum.
=> We could take a long position at 1,5580. We will put the stop loss below 1,5530 (-50 pips). The targets are 1,5780 (+200 pips) 1,5860 (+280 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.
1,5780 - 1,5860
1,5620 - 1,5570