The EUR/USD currency pair has successfully emerged from its 弱気チャネル, signaling a robust 強気 indication for an ongoing upward trend. This upward movement is bolstered by the rising Moving Average (MA) and the MACD indicator, which suggests that the 強気 momentum is gaining strength.
Breaking above previously established resistance levels enhances the optimism that this currency pair is poised to reach higher levels. Traders are now directing their attention to the next 抵抗 zone.
Aligned with the hourly chart analysis illustrated above, the 15-minute chart of EUR/USD also presents bullish opportunities as backed by the CCI rebounding from the oversold region, further increasing 強気 prospects. This sets up the potential for EUR/USD to approach the 抵抗 level of 1.04785.
Technical Reference: Buy as long as it stays above 1.04100
Potential Take Profit 1: 1.04680
Potential Take Profit 2: 1.04785
Potential Stop Loss 1: 1.04235
Potential Stop Loss 2: 1.04100
