Technical Analysis : EUR/USD 27 April 2020

Forex Technical Analysis : EURUSD

Target Level 1.0900

Date : 27 April 2020

Support Line (A) : 1.0727 – Last TP of Channel Down

Resistance Line (B) : 1.0885 – Last TP of Channel Down

Target Period : 2 days

Interval : 4 hours

Pattern : Channel Down

Length : 48 Candles

Detail : Channel Down has broken through the resistance line at 27-Apr-12:00. Possible bullish price movement forecast for the next 2 days towards 1.0900. (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.