Summary :
Target Level : 1.3065
Target Period : 3 days
Analysis :
Head and Shoulders identified at 22-Jul-16:00 2016 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.306 within the next 3 days.
Supporting Indicators :
Downward sloping Moving Average
Resistance Levels :
( B ) 1.3292Last resistance turning point of Head and Shoulders.
Support Levels
( A ) 1.3065Last support turning point of Head and Shoulders.
Target Level : 1.3065
Target Period : 3 days
Analysis :
Head and Shoulders identified at 22-Jul-16:00 2016 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.306 within the next 3 days.
Supporting Indicators :
Downward sloping Moving Average
Resistance Levels :
( B ) 1.3292Last resistance turning point of Head and Shoulders.
Support Levels
( A ) 1.3065Last support turning point of Head and Shoulders.
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