Analysis: (2016-03.09) After the breakdown of the channel up H4 pair tested EMA521 (monthly), EMA1440 (yearly) and returned to slain (up H4 broken) to roll back. (03/10/2016) The test confirmed EMA521 levels of breakdown and subsequent roll back down (alternate achievement goals short sales). Next week rate tested the calculated level of support S1-w and returned to R1-w (short-term implementation objectives purchases) from breakdown up to the limits (up H4 broken).
Calculated levels today:
Support (S1 / S2 / S3 = 1.0919 / 1.0825 / 1.0673), resistance (R1 / R2 / R3 = 1.1221 / 1.1315 / 1.1466).
Key support levels (1st from 1.1001 to 1.0939 / 1.1019 late in the day, the 2nd of 1.0989 to 1.0916 / 1.1019).
Forecast: Indicator OsMa noticed a significant increase in activity of the bulls at the end of the day, but increased activity bears today, providing a basis for planning trading operations for today correction.
Given the state of the OS Oscillators Stochastics, expect a test levels (R1-w broken, EMA120,521), where it is recommended to consider the activities of the parties on the charts of smaller timeframes.
For short-term purchases, on condition of formation of reversal (R1-w broken), estimated goals are resistance levels R1, R1-m, Down W1, R2).
For alternative sales on condition of formation of reversal levels EMA24 (daily) target levels are equal EMA120 (weekly), EMA521 (monthly).
Chart : http://bi0l.blogspot.com/2016/03/eurusd-breakup-weekly-resistance.html
