Technical Analysis : EUR/USD 13 May 2020

Forex Technical Analysis : EURUSD

Target Level 1.0959

Date : 13 May 2020

Support Line (A) : 1.0785 – Last TP of Triangle

Resistance Line (B) : 1.0876 – Last TP of Triangle

Target Period : day

Interval : 4 hours

Pattern : Triangle

Length : 41 Candles

Detail : Triangle has broken through the resistance line at 12-May-20:00. Possible bullish price movement forecast for the next day towards 1.0959. (Supported by Upward sloping Moving Average)

Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.

Source : Autochartist

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– Analysis as low as 15 minute data intervals.

– Short term forcasts.

– Risk and volatility information.