Support - S1 : 1.0719 | S2 : 1.0664 | S3 : 1.0616
Resistance - R1 : 1.0822 | R2 : 1.0870 | R3 : 1.0925
Main Trend - Bearish
Intraday Trend - Neutral
On 4H chart of forex technical analysis price continues to move within the lower channel of a downward Andrew's Pitchfork. Price remain below EMA(50) and EMA(200). A possible upward break of EMA(50) must consider as a first indication for a reaction.
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 : 1.0822 | R2 : 1.0870 | R3 : 1.0925
Main Trend - Bearish
Intraday Trend - Neutral
On 4H chart of forex technical analysis price continues to move within the lower channel of a downward Andrew's Pitchfork. Price remain below EMA(50) and EMA(200). A possible upward break of EMA(50) must consider as a first indication for a reaction.
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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