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

29 March 2016, 12:40
oleksandr bilokon
Calculated level for today:
 Support (S1 / S2 / S3 = 1,4155 / 16 / 1.4054) and resistance (R1 / R2 / R3 = 1,4279 / 1,4318 / 1,4380).
Key support levels (1st from 1.4138 to 1.4209 late in the day, the 2nd of 1.4119 to 1.4195).
Growing activity of bulls that marked the indicator OsMa after breakdown (down H4 broken), provides the basis for planning of trading operations benefit from correction of shopping and today.
Given the state oscillators Stochastics, forward test (R1), where it is recommended to consider the activities of the parties on the charts of smaller timeframes.
For short-term purchases, subject to the breakdown (R1), target levels are calculated levels of resistance R2, R3.

Alternative sales correction may return provided below (EMA120) with the objectives of the key support levels, or S1, S2, up H1.


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