Calculated monthly level:
Support (S1 MN / S2 / S3 = 1.09504 / 1.08491 / 1.05851), resistance (R1 MN / R2 / R3 = 1.12784 / 1.13797 / 1.15437).
Key support levels (1st from 1.08224 to 1.11288 at the end mыsyatsya, 2nd 1, 1305 to 1.1336).
Couple under the influence of an upward trend (up D1) (from 1.10050 to 1.12877).
Trending indicators (EMA120) indicate the general direction of growth of quotations. Late last month prices have moved higher (EMA521) and (middle of Down MN), but now testing resistance levels (R1MN) and trend (up D1) and in a state of consolidation.
Indicator OsMa bears marked increase in activity after the test of resistance (R1MN), which provides the basis for planning of trading correction further growth.
Due to the neutral position and orientation of oscillators Stochastics, expect a test levels (up D1) and (S1MN), where it is recommended to consider the activity of the parties on the charts of smaller timeframes.
For shopping, provided the formation of reversal levels (up D1, attention - 3 point trend, EMA521) target levels can be (R2 MN, R3 MN).
For alternative long positions, on condition of breakdown (up D1) and lower depreciation (EMA521), target levels may be the first key level, (middle of Down MN, EMA120, S1-MN).
Compiled on the basis of MT4 terminal