Our Preference: Sell below 1.1880 for the target of 1.1730 levels
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- EurUsd was trading near key resistance level, yesterday and day before day its tested the key resistance level and its failure to break futher on higher side and its trading with upper trend line , the upper trend line acting as the resistance level so we can keep stoploss above the upper trend line and we can sell below key resistance level of upper trend line and except upto key support levels:- which we have shown in attached image.
In Daily Chart :- EurUsd was trading near key resistance level, yesterday and day before day its tested the key resistance level and its failure to break futher on higher side and its trading with upper trend line , the upper trend line acting as the resistance level so we can keep stoploss above the upper trend line and we can sell below key resistance level of upper trend line and except upto key support 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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