EURUSD 2018-02-02 forecast (technical side)

2 февраля 2018, 07:29
oleksandr bilokon
0
75


eur

Settlement levels today:

support (S1 / S2 / S3 = 1.24198 / 1.23895 / 353), resistance (R1 / R2 / R3 = 1.25242 / 564 / 1.26087).
The key resistance levels (1 st from 1.24301 to 1.24645 at the end of the day, 2nd from 1.24040 to 1.24531).
The OsMa indicator marked a decline in the activity of the bulls, which provides the basis for the planning of trade transactions correction for today.
Given the state of the Stochastics oscillators, expect a Level T test (R1) and a return of the course to the key resistance levels, where it is recommended to consider the activity of the parties on the charts of smaller timeframes.
For short-term sales, with the condition of forming a reversal from (R1), the goals are the key and estimated resistance levels S1, S2, S3.
An alternative to purchases is meaningful when a reversal is formed from key levels of resistance with targets up to (R1) and / or a breakdown higher than (R1), with goals to levels (R2.R3).