AutoChartist 15.10.2018 تقرير العملات
The EUR/USD pair has formed a reverse Head and Shoulder pattern (a bullish pattern) on a 30 minute time frame. If this pattern does play out completely it could easily push the price to the 1.3089 resistance level. Interestingly enough, at this level, the price will also complete the symmetrical triangle pattern shown by yellow rectangles.
The price is trading above the 50 day (shown in green) and the 100 day (shown in yellow) moving averages which shows that the bulls have taken the control. The RSI shows that the bias could be to the upside as the price is trading in line with the price action.
Important Levels
Resistance Level
1.3239-1.3191 Minor
1.3115-1.3089 Minor
Resistance Level
1.2902-1.1874 Minor
1.2770-1.2743 Major
1.2686-1.2653 Major
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