Technical Commentary: In Daily Chart :- In daily chart EurUsd was broken the triangle pattern of upper trend line and its closed above the upper trend line and EurUsd was moving towards next key resistance level of horizontal line 1.0800 levels so we can buy near the trend line and except upto next key resistance level :- which we have shown in attached image.
In 4 Hour Chart :- EurUsd was trading in the equidistant channel lines and range bound pattern was broken on upper side so its was confirming for the buying side and we can buy near key support level and except upto next key resistance levels :- which we have shown in attached image.
In 1 Hour Chart :- EurUsd was trading in the equidistant channel lines and intraday upper trend line was broken and its was broken the key resistance level of horizontal line so its was confirming for the buying side so we can buy near key support level and we can except upto next key resistance levels :- 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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