Currency is sandwiched between the moving average 55 and 34 (resistance levels are 1.3700 and 1.3725) on the one hand and the middle with periods of 89 and 144 (support levels 1.3600 and 1.3420) on the other.MACD histogram crossed the zero line from the top down, now located in the negative zone and below its signal line, continues to gradually decline, and thereby sends a signal to sell EUR / USD.
Stochastic oscillator is in oversold territory and generates a similar signal as the% K line falls below the% D.
Therefore, as a confirmation of what the forex market in a given currency pair again could increase bearish sentiment, we can only wait for the breakdown of the support level of 1.3600, which will open the path to levels of 1.3570/50 and 1.3510/00.
Traders recall that today at 16:30 AM will be published the important fundamental data - change in the number of people employed in non-farm sector of the U.S., which will have a strong influence on the entire forex market.
Resistance levels: 1.3650, 1.3670, 1.3700/10, 1.3750/60, 1.3800/10
Current Price: 1.3632
Support levels: 1.3600, 1.3580/70, 1.3550, 1.3510/00, 1.3450, 1.3410/00
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