EUR/USD analysis for April 16, 2018
April 16, 2018 11:21 amVideo
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Recently, the EUR/USD pair has been trading upwards. The price tested the level of 1.2365. According to the M30 time – frame, I found a confirmed intraday ascending triangle, which is a sign that buyers are in control. My advice is to watch for potential buying opportunities. The upward targets are set at the price of 1.2395 and 1.2440.
Resistance levels:
R1: 1.2350
R2: 1.2367
R3: 1.2387
Support levels:
S1: 1.2310
S2: 1.2290
S3: 1.2270
Trading recommendations for today: watch for potential buying opportunities.
The material has been provided by InstaForex Company – www.instaforex.com
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