Currency re-located above the moving averages with periods of 34, 55, 89 and 144, which are directed upward and points to the continued bullish sentiment, as well as a number of support levels are 1.3675, 1.3610/00, 1.3460 and 1.3350.MACD histogram is located in the positive zone, recently crossed its signal line upwards, continues to gradually rise, and thus sends a signal to buy euros.
Stochastic Oscillator has reached overbought zone boundary and generates the same signal as the% K line rises above the% D.
Therefore, as a confirmation of what the forex market in a given currency pair again could intensify bullish sentiment, we can only wait for the breakdown of the local maximum of 1.3760, which will open the path to levels of 1.3840 and 1.3870.
Perhaps a more distant targets bulls - 1.3900 and 1.3940/50.
Resistance levels: 1.3740, 1.3760, 1.3800/10, 1.3840, 1.3870, 1.3900/10
Current Price: 1.3725
Support levels: 1.3700, 1.3670, 1.3640, 1.3610/00, 1.3570, 1.3550, 1.3510/00
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