- Bonuses and Promotions
Upward movement of the pair got another one impulse for the previous day. At the moment there is a resistance at weekly pivot R1 1.12887. AO index is in positive zone above level of balance and line of support/resistance, previous maximum is exceeded. May assume, that breakthrough of this resistance may lead to further upward direction. Nearer target may be daily pivot R1 1.13317, further – daily pivot R2 1.13750. Downward direction may be limited by zone of support from weekly pivot 1.12597 and daily pivot 1.12517. Fixation below opens way to area of defining movings and MA200 1.11878-1.12084.
Daily levels of support: 1.12597, 1.12517, 1.12084
Daily levels of resistance: 1.12887, 1.13317, 1.13750
For previous day the pair made another one jerk up, longing upward way. AO index is in positive zone above level of balance and line of support/resistance, however previous maximum was not exceeded. Perhaps, there will be another attempt to go higher, so the nearer target may be monthly pivot 1.55016, further – weekly pivot R2 1.55287. Decline may be to area of defining movings and MA300 1.53575-1.53760, lower is resistance in the form of weekly pivot R1 1.53470.
Daily levels of support: 1.54168, 1.53578, 1.53470
Daily levels of resistance: 1.55016, 1.55287, 1.55537
Yesterday’s attempt of the pair to break through level 121.40 was leveled by a fall below key area 120.717-120.874. AO index shows reduce in dynamics of upward way: at the moment it is above zero level and level of balance, but underneath line of support/resistance, and current maximum is below previous two maximums. Assumingly, that we could get some decline, so targeting area may be area of thickening of movings 120.25-120.052, below might be a way weekly pivot 119.646. Upward direction may be limited by daily pivot R1 121.405, above which opens way to daily pivot R2 122.043.
Daily levels of support: 120.684, 120.052, 119.66
Daily levels of resistance: 120.874, 121.405, 122.043