Eur/Usd : 20/01/2016 Technical Analysis Report
20th January 2016
CFX Admin
Our Preference: Buy Above 1.0900 for the target of 1.0980 levels
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- EurUsd was broken the triangle pattern on upper side and its was trading in the sideways movement between key resistance level and key support level so today we can buy near intraday support level and except upto next key resistance level because below we have lower trend line and key support level of horizontal line :- which we have shown in attached image.
In 4 Hour Chart Chart :- EurUsd was broken the triangle pattern on upper side but its was trading below the key resistance level of horizontal line and its was trading in the sideways movement between key support level and key resistance level, so today we can buy near intraday support level and except upto next key resistance level :- which we have shown in attached image.
In 1 Hour :- EurUsd was trading in the triangle pattern and trading near key support level of horizontal line and and trading with lower trend line so today we can buy near intraday support level and except upto next key resistance level :- which we have shown in attached image.
Technical Commentary: In Daily Chart :- EurUsd was broken the triangle pattern on upper side and its was trading in the sideways movement between key resistance level and key support level so today we can buy near intraday support level and except upto next key resistance level because below we have lower trend line and key support level of horizontal line :- which we have shown in attached image.
In 4 Hour Chart Chart :- EurUsd was broken the triangle pattern on upper side but its was trading below the key resistance level of horizontal line and its was trading in the sideways movement between key support level and key resistance level, so today we can buy near intraday support level and except upto next key resistance level :- which we have shown in attached image.
In 1 Hour :- EurUsd was trading in the triangle pattern and trading near key support level of horizontal line and and trading with lower trend line so today we can buy near intraday support level and except upto next key resistance level :- which we have shown in attached image.