EURUSD H4 weekly analysis (2016-06-weekly 06-10)

Analysis (Weekly):

Last week the couple began 1.1357 (Open) with testing week calculated level of resistance 1.1383 (R1 W1) and reaching 1.1415 (High) and then return to the rate of breakdown of key levels 1.1311 (61,8 FIBO) to 1,1244 (Low) and 1.1252 (Close).

OsMA indicator marked increase in activity bears. Since Stochastics oscillator entered the state of OS, is likely to decrease in activity bears and the transition to a correction.