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The pre-planned long positions from key supports have been implemented with overlap of minimal anticipated target. OsMA trend indicator, having marked close parity of both party activity, gives grounds to assume probable rate range movement with no clear choice of planning priorities for today. Hence and considering current bullish cycle of indicator trend, we can assume probability of rate return to close 1,4100/20 supports, where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of a shorter time interval. As for short-term buying positions on condition of the formation of topping signals the targets will be 1,4160/80, 1,4220/40 and (or) further break-out variant up to 1,4280/1,4300, 1,4340/60, 1,4400/20. The alternative for sales will be below 1,4000 with the targets of 1,3940/60, 1,3860/80, 1,3760/1,3800.
You may view technical analyses on other major currency pairs Including USD/CHF, USD/JPY, GBP/USD, EUR/USD and other pairs by visiting our website
The pre-planned long positions from key supports have been implemented with overlap of minimal anticipated target. OsMA trend indicator, having marked close parity of both party activity, gives grounds to assume probable rate range movement with no clear choice of planning priorities for today. Hence and considering current bullish cycle of indicator trend, we can assume probability of rate return to close 1,4100/20 supports, where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of a shorter time interval. As for short-term buying positions on condition of the formation of topping signals the targets will be 1,4160/80, 1,4220/40 and (or) further break-out variant up to 1,4280/1,4300, 1,4340/60, 1,4400/20. The alternative for sales will be below 1,4000 with the targets of 1,3940/60, 1,3860/80, 1,3760/1,3800.
You may view technical analyses on other major currency pairs Including USD/CHF, USD/JPY, GBP/USD, EUR/USD and other pairs by visiting our website
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