Eur/Usd : 21/02/2017 Technical Analysis Report
21st February 2017
CFX Admin
Our Preference: Sell Below 1.0600 for the target of 1.0540 levels
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- EurUsd was trading in the range bound pattern now it was trading near lower trend line if lower trend line breaks means we except heave sell off upto next key support levels and its broken the key support level of horizontal line, so we can sell near intraday resistance levels and except upto next key support level :- which we have shown in attached image.
In 4 Hour Chart :- EurUsd was trading with the upper trend line and its trading below the key support level of horizontal line so we can sell near key resistance level or sell below the upper trend line and except upto next key support level :- which we have shown in attached image.
In 1 Hour Chart :- EurUsd was trading with the upper trend line and new triangle pattern was formed and its trading below the key support level of horizontal so we can sell near key resistance level and except upto next key support level :- which we have shown in attached image.
Technical Commentary: In Daily Chart :- EurUsd was trading in the range bound pattern now it was trading near lower trend line if lower trend line breaks means we except heave sell off upto next key support levels and its broken the key support level of horizontal line, so we can sell near intraday resistance levels and except upto next key support level :- which we have shown in attached image.
In 4 Hour Chart :- EurUsd was trading with the upper trend line and its trading below the key support level of horizontal line so we can sell near key resistance level or sell below the upper trend line and except upto next key support level :- which we have shown in attached image.
In 1 Hour Chart :- EurUsd was trading with the upper trend line and new triangle pattern was formed and its trading below the key support level of horizontal so we can sell near key resistance level and except upto next key support level :- which we have shown in attached image.