Tuesday, May 24, 2016

EUR/USD

Summary :
Target Level : 1.1188
Target Period : 2 days

Analysis :
Triangle identified at 24-May-02:00 2016 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.119 within the next 2 days.

Supporting Indicators :
Downward sloping Moving Average

Resistance Levels :
( B ) 1.1231Last resistance turning point of Triangle.

Support Levels
( A ) 1.1188Last support turning point of Triangle.