GBPUSD intraday forecast (technical side) 2016-03-15

15 March 2016, 01:52
oleksandr bilokon
0
62
Calculated level for today:
 Support (S1 / S2 / S3 = 1,4290 / 68/31), resistance (R1 / R2 / R3 = 1,4364 / 86 / 1.4423).
Key support levels (1st from 1.4350 to 1.4344 late in the day, the 2nd of 1.4276 to 1.4336).
Growth of activity of the parties noted OsMa indicator, provides the basis for planning trading operations for today correction.
Given the state of the Stochastics oscillator, expect a test down H1 and key levels where it is recommended to consider the activities of the parties on the charts of smaller timeframes.
For short-term sales on condition of formation of reversal (down H1) target levels are estimated level and S1, S2, S3, Up H1.

Alternative purchases possible breakdown provided above (down H1) aims to 1-key level and the calculated resistance levels R1, R2, R3.

Chart: http://bi0l.blogspot.com/2016/03/gbpusd-intraday-forecast-technical-side_58.html 

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