Support - S1 : 84.641 | S2 : 85.031 | S3 : 85.499
Resistance - R1 : 86.357 | R2 : 86.747 | R3 : 87.215
Main Trend - Bullish
Intraday Trend - Bullish
On 4H chart of forex technical analysis, you can observe that the price is moving within the upper channel of Andrew's Pitchfork and try to break downward the median line. Also, the price remains below EMA(50) and EMA(200) which are at the same level.
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 : 86.357 | R2 : 86.747 | R3 : 87.215
Main Trend - Bullish
Intraday Trend - Bullish
On 4H chart of forex technical analysis, you can observe that the price is moving within the upper channel of Andrew's Pitchfork and try to break downward the median line. Also, the price remains below EMA(50) and EMA(200) which are at the same level.
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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