Daily Market Analysis

If a pullback from the closest support at 1.1370 happens next, there'll be time for a bullish correction...

The market is likely going to test the next support area at 1.2913 - 1.2896. However, if a pullback from these levels happens next...

There's also a bullish 'Engulfin', so the pair is likely going to test the nearest resistance at 1.1503...

We should keep an eye on the nearest resistance at 1.3032 - 1.3047 as an intraday target. If a pullback from these levels forms...

A pullback from 1.1555 could be a starting point for another decline towards the next support at 1.1392...

The price is consolidating under the 89 Moving Average. It's likely that the pair is going to test the nearest resistance...

The pair is likely going to test the nearest resistance at 1.1502. If a pullback from this level happens next...

It's likely that the market is going to test the next support area at 1.2999 - 1.2968. A pullback from these levels could be...

The price is likely going to test the 34 Moving Average, which could be a starting point for a decline...

There's a 'Thorn' pattern, which has been confirmed. In this case, it's likely that the pair is going to test...

The main intraday target is the nearest support. A pullback from this level could be a starting point for another upward price movement...

The pair is likely going to test the nearest support at 1.1504, which could be a departure point for a decline towards the next resistance...