Analytical review of H1-scale currency pairs:
The main trend is the formation of initial conditions for the top of April 2.
Trading recommendations:
Buy 1.1260 Take profit: 1.1280
Buy 1.1284 Take profit: 1.1305
Sell: 1.1227 Take profit: 1.1211
Sell: 1.1208 Take profit: 1.1189
The main trend is the formation of the downward structure of April 4.
Trading recommendations:
Buy: 1.3060 Take profit: 1.3085
Buy: 1.3090 Take profit: 1.3120
Sell: 1.2984 Take profit: 1.2960
Sell: 1.2957 Take profit: 1.2926
The main trend is the upward structure of March 27.
Trading recommendations:
Buy: 0.9998 Take profit: 1.0020
Buy : 1.0025 Take profit: 1.0038
Sell: 0.9975 Take profit: 0.9964
Sell: 0.9958 Take profit: 0.9942
The main trend is the rising structure of March 25.
Trading recommendations:
Buy: 111.72 Take profit: 112.05
Buy: 112.07 Take profit: 112.24
Sell: 111.62 Take profit: 111.44
Sell: 111.40 Take profit: 111.15
The main trend is the ascending cycle of April 3rd.
Trading recommendations:
Buy: 1.3396 Take profit: 1.3420
Buy : 1.3422 Take profit: 1.3440
Sell: 1.3363 Take profit: 1.3350
Sell: 1.3345 Take profit: 1.3326
The breakdown of the level of 0.7155 will lead to the development of a pronounced movement. Here, the target is 0.7183. For the potential value for the top, we consider the level of 0.7202. After reaching which, we expect consolidation, as well as a rollback to the bottom.
Consolidated movement is possible in the range of 0.7106 - 0.7092. The breakdown of the last value will lead to a prolonged correction. Here, the goal is 0.7074. This level is a key support for the top.
Trading recommendations:
Buy: 0.7131 Take profit: 0.7150
Buy: 0.7155 Take profit: 0.7180
Sell : 0.7090 Take profit : 0.7077
Sell: 0.7070 Take profit: 0.7050
The main trend is the upward cycle of March 28.
Trading recommendations:
Buy: 125.45 Take profit: 125.90
Buy: 125.95 Take profit: 126.20
Sell: 125.00 Take profit: 124.80
Sell: 124.75 Take profit: 124.50
The main trend is the upward structure of March 29, the stage of deep correction.
Trading recommendations:
Buy: 146.10 Take profit: 146.60
Buy: 146.64 Take profit: 14720
Sell: 144.90 Take profit: 144.00
The material has been provided by InstaForex Company - www.instaforex.com