Monday, January 11, 2016

EUR/USD Chart

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.