#BRENT intraday forecast (technical side) 2016-03-30

30 March 2016, 04:04
oleksandr bilokon
Calculated level for today:
Support (S1 / S2 / S3 = 39,56 / 39,23 / 38,70), resistance (R1 / R2 / R3 = 40,61 / 40,94 / 42,21).
Key resistance levels (1st from 40.75 to 40.13 at the end of the day, the 2nd of 41.05 to 40.48).
Indicator OsMa bears marked decrease in activity late last trading day, which provides a basis for planning trading operations for today correction.
Given spryasovanist oscillators Stochastics, expect a test levels and (EMA24, up H4 broken, down H1), 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 signal levels (up H4 broken, down H1) target levels are calculated levels (S1, S2, EMA521, S3).

Alternative purchases correction, have a sense of the condition to return to key resistance levels on the objectives to R1, EMA120.

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

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