EURUSD intraday forecast (technical side) 2016-02-12

12 February 2016, 11:57
oleksandr bilokon
0
43

Chart: http://bi0l.blogspot.com/2016/02/eurusd-intraday-forecast-technical-side_12.html

 

 Calculated levels today:

Support (S1 / S2 / S3 = 1.1284 / 60/21), resistance (R1 / R2 / R3 = 1,1363 / 87 / 1.1427).

Key support levels (1st from 1.1261 to 1.1327 late in the day, the 2nd of 1.1212 to 1.1268).

Given the state oscillators Stochastics, expect a test of key support levels and levels (trend up H1, EMA120),

where it is recommended to consider the activities of the parties on the charts of smaller timeframes.

For short-term purchases, on condition of formation of reversal of the trend (up H1) or the key levels, goals are even calculated resistance R1 / R2 / R3

For alternative sales breakdown provided below (trend up H1, EMA120), target levels are equal S3, and when breakdown to 1.1040 / 30 (EMA521).