Support - S1 : 184.662 | S2 : 183.303 | S3 : 182.276
Resistance - R1 : 187.048 | R2 : 188.075 | R3 : 189.434
Main Trend - Bullish
Intraday Trend - Bullish
The upward reaction of price from a low of 180.692 has led it up the level of 186.700 which is 74,6 retracement. The upward momentum looks strong, having created the conditions for the upside cross between the EMA (50) and EMA (200).
In the 4H chart of forex technical analysis, you may notice that price moves into the lower channel of the Andrews Pitchfork and very close to the median line.
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 : 187.048 | R2 : 188.075 | R3 : 189.434
Main Trend - Bullish
Intraday Trend - Bullish
The upward reaction of price from a low of 180.692 has led it up the level of 186.700 which is 74,6 retracement. The upward momentum looks strong, having created the conditions for the upside cross between the EMA (50) and EMA (200).
In the 4H chart of forex technical analysis, you may notice that price moves into the lower channel of the Andrews Pitchfork and very close to the median line.
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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