Currency is sandwiched between the moving average 55 and 34 (the resistance level of 1.3700) on the one hand, and the average with a period of 144 (the support level 1.3430) with another, and now merged with the average with period 89.MACD histogram is located in the negative zone and below its signal line, moving parallel to the axis of time and is not currently send a clear signal.
Stochastic oscillator is in oversold territory and generates a signal to buy EUR / USD, since the% K line crossed the% D line from the bottom up and began to rise above it.
Because, trust only one clear signal is very risky, then as a confirmation that the forex market in this currency pair may be amplified in bullish mood, we need to wait for the breakdown of the resistance level of 1.3640, which will open the path to levels of 1.3700/10 and 1.3750/60.
Resistance levels: 1.3640, 1.3670, 1.3700/10, 1.3750/60, 1.3800/10
Current Price: 1.3614
Support levels: 1.3600, 1.3580/70, 1.3550, 1.3510/00, 1.3450, 1.3410/00
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