Support - S1 : 81.046 | S2 : 80.468 | S3 : 80.027
Resistance - R1 : 82.065 | R2 : 82.506 | R3 : 83.084
Main Trend - Bullish
Intraday Trend - Bullish
On 4H chart of forex technical analysis, you can easily observe that the price after forming a local double bottom at level 80.233 proceed to a reaction and close above EMA(50). The price is moving within the lower channel of Andrew's Pitchfork. EMA(50) and EMA(200) have upward crossed 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 : 82.065 | R2 : 82.506 | R3 : 83.084
Main Trend - Bullish
Intraday Trend - Bullish
On 4H chart of forex technical analysis, you can easily observe that the price after forming a local double bottom at level 80.233 proceed to a reaction and close above EMA(50). The price is moving within the lower channel of Andrew's Pitchfork. EMA(50) and EMA(200) have upward crossed 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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