22 august, 08:45EURUSD. Forex technical analysis
At th
e 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