EURUSD intraday forecast (technical side) 2016-03-16

16 March 2016, 11:55
oleksandr bilokon
0
38
Calculated levels today:
Support (S1 / S2 / S3 = 1.1080 / 67/47), resistance (R1 / R2 / R3 = 1.1120 / 33/53).
Key level (1st from 1.1116 to 1.1100 late in the day, the 2nd of 1.1147 to 1.1125).
 Indicator OsMa noted reduced activity of the parties, providing a basis for planning of trading correction.
Due to the neutral position and orientation of oscillators Stochastics, expect to test the levels of key levels and (or) (down H1), where it is recommended to consider the activities of the parties on the charts of smaller timeframes.
For short-term sales target levels are the levels S1, S2, S3, provided the breakdown - to S1-w.

For shopping, subject to the breakdown (down H1), target levels are calculated resistance levels R1, R2, R3.

Chart: http://bi0l.blogspot.com/2016/03/eurusd-intraday-forecast-technical-side_16.html  

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