Support - S1 : 1.0766 | S2 : 1.0734 | S3 : 1.0679
Resistance - R1 : 1.0853 | R2 : 1.0908 | R3 : 1.0941
Main Trend - Neutral
Intraday Trend - Bearish
According to forex technical analysis for the exchange rate EURUSD, the price is moving sideways in a range from 1.0700 - 1.0980. On 4H chart, we can observe that price is moving below EMA(50) and EMA(200) which have a downward cross between them. Also, the price remains within the lower channel of Andrew's Pitchfork (blue lines).
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:
Read more �
Resistance - R1 : 1.0853 | R2 : 1.0908 | R3 : 1.0941
Main Trend - Neutral
Intraday Trend - Bearish
According to forex technical analysis for the exchange rate EURUSD, the price is moving sideways in a range from 1.0700 - 1.0980. On 4H chart, we can observe that price is moving below EMA(50) and EMA(200) which have a downward cross between them. Also, the price remains within the lower channel of Andrew's Pitchfork (blue lines).
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:
No comments:
Post a Comment