Support - S1 : 1.0825 | S2 : 1.0770 | S3 : 1.0704
Resistance - R1 : 1.0945 | R2 : 1.1010 | R3 : 1.1065
Main Trend - Bearish
Intraday Trend - Bullish
Studying the 4H chart of forex technical analysis for the exchange rate EURUSD you can observe that price break upward the triangular formation. Price remain above EMA(50) and EMA(200) and move within the upper channel of Andrew's Pitchfork.
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 : 1.0945 | R2 : 1.1010 | R3 : 1.1065
Main Trend - Bearish
Intraday Trend - Bullish
Studying the 4H chart of forex technical analysis for the exchange rate EURUSD you can observe that price break upward the triangular formation. Price remain above EMA(50) and EMA(200) and move within the upper channel of Andrew's Pitchfork.
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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