Technical Analysis EUR

The pre-planned break-out variant for sales has been implemented with overlap of minimal anticipated target. OsMA trend indicator having marked indefiniteness of bearish development at break of key resistance range levels does not clarify the choice of planning priorities for today. Nevertheless, considering given situation favouring sales, we assume probability of rate return to Senkou Span B line in Ichimoku indicator at levels 1,4000/20, 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 sales on condition of the formation of topping signals the targets will be 1,3940/60, 1,3900/20 and (or) further break-out variant up to 1,3840/60, 1,3760/80, 1,3700/20. The alternative for buyers will be above 1,4060 with targets of 1,4100/20, 1,6160/80, 1,42000/20.