- Bonuses and Promotions
Wednesday finished with then correctional growth after some decline. At the moment the way is continuing to move up: AO index went out of negative area and fixed above line of balance and line of support/resistance. Nearer targeting area of resistance is 1.12511-1.12597, above which are elder movings. Higher is another one targeting level – daily pivot R1 1.12887, above which there is an opportunity to reach daily pivot R3 1.13436. Decline of the pair at the given moment is limited by area of support from weekly pivot 1.11878, daily pivot 1.11914 and MA200.
Daily levels of support: 1.11878, 1.11586, 1.10989
Daily levels of resistance: 1.12511, 1.12597, 1.12887
The pair’s attempts to growth are restrained by area 1.53901-1.54247. AO index reached negative area, and now is below level of balance and line of support/resistance. We may assume a decline of the pair towards defining movings and MA200 to level 1.53149, further – daily pivot 1.52551, below which is farther target – monthly pivot S1 1.51843, in case if area of resistance would persist. Movement up from area of resistance leads to weekly pivot 1.55016.
Daily levels of support: 1.53470, 1.53352, 1.53149, 1.52803, 1.52551
Daily levels of resistance: 1.53901, 1.54247, 1.54450, 1.55016
The pair is continuing to demonstrate upward dynamics. AO index reached again positive area above level of balance, now it is restricted by line of support/resistance. At the moment there is a resistance at daily pivot R1 121.033. Fixation above this level may lead to daily pivot R2 121.743. Decline may lead to area MA200 and MA300 near 120.150, lower – to area of support 119.646-119.775.
Daily levels of support: 120.485, 119.775, 119.646
Daily levels of resistance: 120.847, 121.033, 121.743