EURUSD intraday forecast (technical side) 2016-03-14

14 March 2016, 14:28
oleksandr bilokon
0
41
Calculated levels today:
Support (S1 / S2 / S3 = 1.1096 / 66/17), resistance (R1 / R2 / R3 = 1.1195 / 1.1235 / 75).
Key support levels (1st from 1.1019 to 1.1143 late in the day 2nd - 1.1019).
 Indicator OsMa marked decrease in activity bears today, providing a basis for planning of trading correction.
Given the status and focus oscillators Stochastics, expect a test levels (EMA120,24), 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 key reversal levels and (EMA120), estimated goals are resistance levels R1, R1-w, R2, R1-m, Down W1).

For alternative sales on condition of formation of reversal levels EMA24 (daily) target levels are the levels R1, R2, EMA120 (weekly), and provided the breakdown - R3, EMA521 (monthly).

Chart:http://bi0l.blogspot.com/2016/03/eurusd-intraday-forecast-technical-side_14.html 


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