Technical Commentary: In Weekly Chart :- Last week EurUsd was Closed on higher side with bullish candle and its closed below the resistance of upper trend line so this week we can sell near upper trend line and except upto key support level :- which we have shown in attached image.
In Daily chart :- EurUsd was trading below the upper trend line and its trading below the key resistance 1.1100 level of horizontal line and last 3 candle acting as major resistance level and its was trading in the sideways movement between key resistance level and key support level so we can sell near resistance levels and except upto next support levels :- which we have shown in attached image.
In 4 Hour Chart and 1 Hour Chart :- EurUsd was trading in the triangle pattern and its was trading below key resistance level of horizontal line and now its trading near previous resistance high and its trading below the upper trend line so we can sell near key resistance level and except upto next support level:- which we have shown in attached image.
| PIPS COUNTER - SINCE JANUARY 2013 | ||
| Total Trades | Total Pips | |
| EUR / USD | 1135 | 10130 |
| GBP / USD | 1054 | 10550 |
| USD / CHF | 907 | 8945 |
| EUR / JPY | 818 | 10435 |
| XAU / USD | 1156 | 207955 |
| TOTAL: 248015 | ||
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