EURUSD intraday forecast (technical side) 2016-05-26

26 May 2016, 02:39
oleksandr bilokon
1
32
Support (S1 / S2 / S3 = 1,11349 / 1,11259 / 1,11115), resistance (R1 / R2 / R3 = 1.11638 / 1.11728 / 1.11873).
Key resistance levels (1st from 1.11694 to 1.11469 in the late afternoon, 2nd from 1.11867 to 1.11789).
Indicator OsMa marked increase in activity of bulls, which provides a basis for planning trading operations for today correction.
Given spryamovanыst oscillators Stochastics, expect a test of key resistance levels and S1, S2, where it is recommended to consider the activities of the parties on the charts of smaller timeframes.
For shopping, subject to reversal formation yid levels (S1), estimated goals are resistance levels R1, R2, and at the breakdown (down H4) to R3.

Alternative short sale makes sense on condition of formation of reversal (down H4) with goals to levels (S1, S2, S3).

 

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