Technical Analysis : EUR/USD 14 May 2020

Forex Technical Analysis : EURUSD

Target Level 1.0785

Date : 14 May 2020

Support Line (A) : 1.0785 – Last TP of Channel Up

Resistance Line (B) : 1.0897 – Last TP of Channel Up

Target Period : 21 hours

Interval : 4 hours

Pattern : Channel Up

Length : 25 Candles

Detail : Channel Up identified at 14-May-04:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.0785 within the next 21 hours. (Supported by Downward 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.