1,5762. 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. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The price should find a support above 1,5730. The uptrend should continue on 1,6000 resistance.
=> We could take a long position at 1,5760. We will put the stop loss below 1,5730 (-30 pips). The targets are 1,5850 (+90 pips) 1,6000 (+240 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.
1,5800 - 1,5850
1,5745 - 1,5710