EURUSD intraday technical analysis - 13/08/2018

EURUSD

1.13979 / 1.13983

SUMMARY

Up

TREND

Upward penetration

SENTIMENT

Bullish

VOLATILITY

Low

MARKET ANALYSIS

Upwards scenario: Session high provides a resistive barrier at 1.1433 (R1). Violation here is required to provide a signal of further ascending structure evolvement and suggest next intraday targets at 1.1482 (R2) and 1.1532 (R3).
Downwards scenario: Successful retest of our next support level at 1.1362 (S1) might provide sufficient momentum for the price acceleration towards to interim target at 1.1327 (S2) and then final aim for today could be exposed at 1.1289 (S3).

Resistance levels: 1.1433, 1.1482, 1.1532

Support levels: 1.1362, 1.1327, 1.1289