EURUSD intraday forecast (technical side) 2016-03-29

29 March 2016, 11:48
oleksandr bilokon
0
12
Calculated levels today:
Support (S1 / S2 / S3 = 1,1163 / 1,1147 / 1,1121), resistance (R1 / R2 / R3 = 1.1214 / 1,1230 / 1,1255).
Key support levels (1st from 1.1168 to 1.1187 late in the day, the 2nd of 1.1165 to 1.1185).
Indicator OsMa marked increase in activity of bulls, which provides the basis for planning of trading operations benefit from correction of shopping today.
Given the state oscillators Stochastics, expect a test levels (EMA 24,120), R1, R2, where he recommended to consider the activity of the parties on the charts of smaller timeframes.
For shopping, on condition of formation of reversal cluster (EMA 24,120), or (up H4) objectives are to estimate the resistance R2, R1-m, R1-w, R3, and at a breakdown of the growth prospects for 1,1490-1,1750 .

For alternative sales correction, provided the breakdown (up H4) target levels are the key levels of support and levels (S1, S2, S1-w, S3).

 

Chart : http://bi0l.blogspot.com/2016/03/eurusd-intraday-forecast-technical-side_29.html 

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