Eur/Usd : 21/01/2015 Technical Analysis Report
21st January 2016
CFX Admin
Our Preference: Sell Below 1.0920 for the target of 1.0840 levels
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- After testing the key resistance level of horizontal line and after testing upper trend line of the triangle pattern its was closed on lower side and it was trading in the triangle pattern and its was trading in the sideways movement between key resistance level and key support level so today we can sell below the resistance level and except upto next key support level :- which we have shown in attached image.
In 4 Hour Chart Chart :- EurUsd was trading with lower trend line and its was trading in the sideways movement between key support level and key resistance level, so today we can sell near intraday resistance level and except upto next key support level :- which we have shown in attached image.
In 1 Hour :- EurUsd was trading in the triangle pattern and trading near key resistance level of horizontal line and its was trading with lower trend line so today we can sell near intraday resistance level and except upto next key support level :- which we have shown in attached image.
Technical Commentary: In Daily Chart :- After testing the key resistance level of horizontal line and after testing upper trend line of the triangle pattern its was closed on lower side and it was trading in the triangle pattern and its was trading in the sideways movement between key resistance level and key support level so today we can sell below the resistance level and except upto next key support level :- which we have shown in attached image.
In 4 Hour Chart Chart :- EurUsd was trading with lower trend line and its was trading in the sideways movement between key support level and key resistance level, so today we can sell near intraday resistance level and except upto next key support level :- which we have shown in attached image.
In 1 Hour :- EurUsd was trading in the triangle pattern and trading near key resistance level of horizontal line and its was trading with lower trend line so today we can sell near intraday resistance level and except upto next key support level :- which we have shown in attached image.