ForexLTD

The pre-planned breakout variant for buyers was realized with attainment of minimal assumed target. OsMA trend indicator, having marked relative buying activity rise at the break of key resistance range gives reasons for assumptions about bullish development incompleteness with estimations for the preservation of buying planning priorities for today as well. Hence and considering the current bearish development cycle we assume the possibility of another test of channel signal “1” at 89.90/90.00 supports, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For short-term buying positions on condition of formation of topping signals the targets will be 90,40/50, 90,90/91,00, 91,40/60 and/or further breakout variant up to 92,00/20, 92,60/80, 93,20/40.