Latest analysis on EUR/USD
The estimated rate return to key resistance range levels has been confirmed, but relative bullish activity rise, marked by OsMA indicator and rate position above Ichimoku cloud did not incline to the implementation of pre-planned short positions. At the moment considering activity parity of both parties but favouring to bullish party, we can assume probability of rate return to channel line “1” at 1,4180/1,4200 levels where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of shorter time interval. As for short-term buying positions on condition of the formation of topping signals the targets will be 1,4240/60, 1,4300/20 and (or) further break-out variant up to 1,4360/80, 1,4440/60, 1,4500/20. The alternative for sales will be below 1,4100 with the targets of 1,4040/60, 1,3980/1,4000, 1,390/20.

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