Thursday, December 1, 2016

EUR/USD

Summary :
Target Level : 1.0565
Target Period : 12 hours

Analysis :
Pennant identified at 30-Nov-17:00 2016 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.0565 within the next 12 hours.

Supporting Indicators :
Downward sloping Moving Average

Resistance Levels :
( B ) 1.0667Last resistance turning point of Pennant.

Support Levels
( A ) 1.0565Last support turning point of Pennant.



Chart date range :
17-Nov-09:00 GMT-> 01-Dec-09:00 GMT
Data interval : 4 hour
RSI:34 Candles
MA:34 Candles