Support - S1 : 133.375 | S2 : 132.923 | S3 : 132.481
Resistance - R1 : 134.269 | R2 : 134.711 | R3 : 135.163
Main Trend - Bearish
Intraday Trend - Bearish
If we want to describe the 4H chart of forex technical analysis we have to say that price moves at the lower channel of Andrew's Pitchfork and below of EMA(50) and EMA(200). EMA(50) is above EMA(200) but there are suspicions that a downward cross is coming. We have to pay special attention to RSI who is rising from 30 level.
Considering all the details from the charts of forex technical analysis we can detect all critical levels and trading targets for H1 and H4 timeframes:
Read more �
Resistance - R1 : 134.269 | R2 : 134.711 | R3 : 135.163
Main Trend - Bearish
Intraday Trend - Bearish
If we want to describe the 4H chart of forex technical analysis we have to say that price moves at the lower channel of Andrew's Pitchfork and below of EMA(50) and EMA(200). EMA(50) is above EMA(200) but there are suspicions that a downward cross is coming. We have to pay special attention to RSI who is rising from 30 level.
Considering all the details from the charts of forex technical analysis we can detect all critical levels and trading targets for H1 and H4 timeframes:
No comments:
Post a Comment