Support - S1 : 1.1322 | S2 : 1.1298 | S3 : 1.1261
Resistance - R1 : 1.1383 | R2 : 1.1420 | R3 : 1.1444
Main Trend - Bullish
Intraday Trend - Bearish
According to forex technical analysis, the exchange rate EURUSD, in 4H chart, find support from EMA(50) and from the downside of lower channel of an upward Andrew's Pitchfork. We must pay attention to the direction of RSI and also to the negative momentum of MACD.
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:
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Resistance - R1 : 1.1383 | R2 : 1.1420 | R3 : 1.1444
Main Trend - Bullish
Intraday Trend - Bearish
According to forex technical analysis, the exchange rate EURUSD, in 4H chart, find support from EMA(50) and from the downside of lower channel of an upward Andrew's Pitchfork. We must pay attention to the direction of RSI and also to the negative momentum of MACD.
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:
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