MAJOR PAIR Monthly Analysis 2018-04 (technical side)

1 May 2018, 11:26
oleksandr bilokon
0
36
Last month, the pair started with the mark (Open 1.23199; gap-65) with a test of 1 key levels of support, followed by a downgrade to 1.22142 before (2-level key test). Thereafter, the rate rose to (High 1.24128) and dropped with a breakdown (up W1 broken / S1 MN broken / S2 MN broken) to (Low 1.20545) and closing the month (Close 1.20801).

The last month was started with the mark (Open = Low 0.95315; gap - 41) with the test of the calculated resistance levels with the subsequent breakdown (R1MN broken / R2MN broken / R3MN broken / down D1 broken) to (High 0.99199) and closing the month (Close 0.99183).

The last month started with the mark (Open 1.40158; gap - 84) with a breakdown (R1MN broken), test (R2MN) to (High 1.43754) and a sharp rebound (downgraded with breakdown of key support levels and (S1MN broken) to (low 1.37116 ) closing the month (Close 1.37711).

The last month started with the mark (Open = Low 0.95315; gap - 39) with a further downgrade to (Low 105.649) and an uptrend on the breakdown of key and rated resistance levels (R1MN broken / down D1 broken) to (High 109,529) and closing the month (Close 109.320).
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