1,5756. EUR USD is in an uptrend supported by 1H exponential moving averages. EUR USD is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The price should find a support above 1,5710. The uptrend should continue to gather momentum.
=> We could take a long position at 1,5740. We will put the stop loss below 1,5700 (-40 pips). The targets are 1,5840 (+100 pips) 1,5900 (+160 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.
1,5800 - 1,5850
1,5735 - 1,5705