EURUSD intraday forecast (technical side) 2016-03-31

31 March 2016, 02:20
oleksandr bilokon
0
35
Calculated levels today:
Support (S1 / S2 / S3 = 1,1297 / 78/46), resistance (R1 / R2 / R3 = 1.1360 / 1,1379 / 1,1410).
Key support levels (1st from 1.1238 to 1.1326 late in the day, the 2nd of 1.1227 to 1.1267).
Indicator OsMa noted reduced activity breakdown levels for bulls (Down W1 broken), which provides the basis for planning trading operations for today correction.
Given the state oscillators Stochastics, expect a test levels (EMA24) and the return rate to fall back to (S1, Down W1 broken), where it is recommended to consider the activities of the parties on the charts of smaller timeframes.
For short-term position to purchase, subject to the condition of the likely depreciation of the entry points should expect the level at forming a reversal from (EMA 24) or S1, (Down W1 broken), provided the depreciation below - from S3, (EMA120) , key levels, or (up H4).

For alternative sales correction, provided the breakdown below target levels are S1 (EMA 120), or (R1-w broken, R1-m broken) and levels (up H4).

Chart: http://bi0l.blogspot.com/2016/03/eurusd-intraday-forecast-technical-side_30.html 

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