1,5768. EUR USD is in an uptrend supported by 1H exponential moving averages. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 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 1,5705. The uptrend should continue to gather momentum.
=> We could take a long position at 1,5750. We will put the stop loss below 1,5700 (-50 pips). The targets are 1,5800 (+50 pips) 1,5850 (+100 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.
1,5800 - 1,5850
1,5750 - 1,5705