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The pre-planned break-out variant for buyers has been implemented but with the achievement of estimated targets. OsMA trend indicator, having marked signs of rate overbought, but without confirmative bearish resistance reaction as well as rate position above Ichimoku cloud gives grounds for bullish priorities but with relatively high risks of situation change favoring to bearish party. On the assumption of it as well as of descending direction of indicator chart we can assume probability of rate return to 1,6200/40 where it is recommended to evaluate development of the activity of both parties in accordance with the charts of a shorter time interval. As for short-term buying positions on condition of formation of topping signals the targets will be 1,6280/1,6300, 1,6360/80, 1,6420/40 and (or) further break-out variant up to 1,6480/1,6500, 1,6580/1,6600, 1,6660/1,6700.The alternative for sales will be below 1,6140 with the targets of 1,6080/1,6100, 1,6000/20, 1,5900/40.
The pre-planned break-out variant for buyers has been implemented but with the achievement of estimated targets. OsMA trend indicator, having marked signs of rate overbought, but without confirmative bearish resistance reaction as well as rate position above Ichimoku cloud gives grounds for bullish priorities but with relatively high risks of situation change favoring to bearish party. On the assumption of it as well as of descending direction of indicator chart we can assume probability of rate return to 1,6200/40 where it is recommended to evaluate development of the activity of both parties in accordance with the charts of a shorter time interval. As for short-term buying positions on condition of formation of topping signals the targets will be 1,6280/1,6300, 1,6360/80, 1,6420/40 and (or) further break-out variant up to 1,6480/1,6500, 1,6580/1,6600, 1,6660/1,6700.The alternative for sales will be below 1,6140 with the targets of 1,6080/1,6100, 1,6000/20, 1,5900/40.
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