Summary : Target Level : 1.0971
Target Period : 2 days
Analysis :
Inverse Head and Shoulders has broken through the resistance line at 10-Jan-23:00 2016 GMT. Possible bullish price movement forecast for the next 2 days towards 1.097.
Supporting Indicators :
Upward sloping Moving Average
Resistance Levels :
( B ) 1.094Last resistance turning point of Inverse Head and Shoulders.
Support Levels
( A ) 1.0803Last support turning point of Inverse Head and Shoulders.
Target Period : 2 days
Analysis :
Inverse Head and Shoulders has broken through the resistance line at 10-Jan-23:00 2016 GMT. Possible bullish price movement forecast for the next 2 days towards 1.097.
Supporting Indicators :
Upward sloping Moving Average
Resistance Levels :
( B ) 1.094Last resistance turning point of Inverse Head and Shoulders.
Support Levels
( A ) 1.0803Last support turning point of Inverse Head and Shoulders.
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