Support - S1 : 1.1201 | S2 : 1.1147 | S3 : 1.1081
Resistance - R1 : 1.1320 | R2 : 1.1387 | R3 : 1.1440
Main Trend - Bullish
Intraday Trend - Bullish
Following all the rules of forex technical analysis on 4H chart for the exchange rate EURUSD we can see that the price is moving within an upward channel. EMA(50) and EMA(200) have an upward cross between them. The price is above EMA(50). The RSI is at 50 level and MACD is with reduced momentum.
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 : 1.1320 | R2 : 1.1387 | R3 : 1.1440
Main Trend - Bullish
Intraday Trend - Bullish
Following all the rules of forex technical analysis on 4H chart for the exchange rate EURUSD we can see that the price is moving within an upward channel. EMA(50) and EMA(200) have an upward cross between them. The price is above EMA(50). The RSI is at 50 level and MACD is with reduced momentum.
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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