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22 august, 08:45
EURUSD. Forex technical analysis

 

 At theure auctions on Thursday on August, 21st bulls from the second attempt managed to break level of resistance 1.4830 then prompt growth of a uniform European course currency in relation to the American dollar has followed.

 By the end of trading quotation day have reached a fortnight maximum located on level 1.4910. Sliding averages 34, 55 and 89 are directed upwards and specify in the bull spirit of the market.

 Histogram MACD is in a positive zone. It is necessary to notice that in short-term prospect on given currency pair at traders reference points on bying remain.

 The possible purposes of bulls - 1.4950 and 1.5000/20.

 Resistance levels: 1.4900, 1.4920 1.4950/60, 1.4980, 1.5000, 1.5020

 Current price: 1.4885

 Support levels: 1.4850/40 1.4810/00, 1.4780/70, 1.4750, 1.4730, 1.4700

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