On our screens we can see that the price is flatting near a strong support line 79.688. According to my calculations the signal for buy will be if the pair breaks the level 79.785. The aim of bullish movement will be the level 80.078.
During last few days the price is testing a strong resistance level 0.92773. Right now the pair moves smoothly under this level. And we should pay our attention to this. But such movement is a signal for sell. If the price repeatedly breaks the level 0.92621 then we can open sell order. The aim of such movement will be as maximum the level 0.92316. Only after the level 0.92163 is broken we can speak about a strong downtrend movement,
If the pair repeatedly breaks the level 0.92773 then it will go bulls. The aim of bullish movement will be the nearest level 0.93079 with the probability of following growth to the level 0.93580.
If the price breaks the level 1.00403 then a bullish movement will start. The nearest aim of such movement will be the level 1.00708. With the following aim up to the level 1.01403.
If the price repeatedly moves down the level 1.00098 then it will go to the level 0.98877. The nearest obstacle with such movement will be the level 0.99487.
During last few days the price is moving in flat. The signal for sell will be if the price manges to break a strong support level 0.78125. Aims of such movement will be following levels 0.77820 (as minimum) and 0.77515 (as maximum).
Since April the price is moving in a long downtrend channel. If it manages to break a strong resistance line 0.79346 then a bullish movement will start. The aim will be 0.80566 level.
Right now the price set against a strong support level 1.61133. If the price repulses from this level and breaks in uptrend direction level 1.61285 then the price will move upwards with the nearest aim 1.61743.
After yesterday's uptrend movement the price moved smoothly down. Such bearish movement can continue if the price strongly breaks the level 1.60980. The aim of such movement will be the level 1.60522. Also the price can meet obstacle on the level 1.60828.
For the last couple of days eur moves in flat and doesn't move from the level 1.29395. If the price breaks the level 1.28784 then a downtrend movement will continue. The aim will be the level 1.27611.
As for upternd movement it can start if the price today conquers the level 1.29700. The aim of such movement will be the level 1.30615. The obstacle can be met at the level 1.30005.
We can open an oder for buy in following cases:
1. If the price doesn't manage to strike right now the level 1.00250 and begins to move in uptrend direction then the nearest aim of such movement will be the level 1.00708.
2. If the pair breaks the level 1.00708 then after a little correction on 15 pips the price will continue uptrend movement to the level 1.01318.
Yesterday the price moved in flat. If it manages to break a strong resistance level 79.688 today then bearish movement will continue. The aim will be the level 79.297. The obstacle can be met at the level 79.492.
We can see a long uptrend channel on our charts. Today the price also is moving with bulls. If it manages to break a strong resistance level 1.00708 then uptrend movement will still continue. The aim will become 1.01013 level.
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