EUR/USD. Bullish Break for Euro
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The pre-planned break-out variant for buyers has been implemented with overlap of minimal anticipated target. OsMA trend indicator, having marked break of key resistance range levels by relative buying activity rise, considering the chose strategy gives grounds in favor of buying priorities for planning of trading operations for today. Hence and considering current bearish cycle of indicator trend, we can assume probability of test of close 1,3940/60 support level, where it is recommended to evaluate the 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 the formation of topping signals the targets will be 1,4000/20, 1,4060/80 and (or) further break-out variant up to 1,4120/40, 1,4180/1,4200. The alternative for sales will be below 1,3900 with the targets of 1,3820/40, 1,3740/60.
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