Thursday, February 5, 2015

EUR/USD chart

Summary : Target Level : 1.1205Target Period : 3 days
Analysis :
Channel Up has broken through the support line at 05-Feb-01:00 2015 GMT. Possible bearish price movement forecast for the next 3 days towards 1.12.

Supporting Indicators :
Downward sloping Moving Average

Resistance Levels :
( B ) 1.1534Last resistance turning point of Channel Up.

Support Levels
( A ) 1.1313Last support turning point of Channel Up.