Support - S1 : 131.569 | S2 : 130.868 | S3 : 130.299
Resistance - R1 : 132.839 | R2 : 133.408 | R3 : 134.109
Main Trend - Bearish
Intraday Trend - Neutral
You can observe on the 4H chart of forex technical analysis that the price moves within the upper channel of a downward Andrew's Pitchfork. Price remain below EMA(50) and EMA(200) which have a downward cross between them.
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 : 132.839 | R2 : 133.408 | R3 : 134.109
Main Trend - Bearish
Intraday Trend - Neutral
You can observe on the 4H chart of forex technical analysis that the price moves within the upper channel of a downward Andrew's Pitchfork. Price remain below EMA(50) and EMA(200) which have a downward cross between them.
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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