Technical Commentary: In daily chart :- Last 5 days there is less volume to break upper trend line and its was trading in between key resistance levels and support levels :- We have shown in image.
In 1 hour chart,Eur/Usd was trading at key resistance level( 3rd Testing Key resistance level )So we can sell near key resistance level with tight stoploss :- below we have shown in image. At present Eur/Usd was trading in consolidation level with key resistances and support levels and last 5 days buying pressure was very low and couldn’t able to break key resistance level so we can except sell upto our key support levels.
In 4 hours chart,Eur/Usd was trading near upper trend line & key resistance level so we can sell near upper resistance line :- We have shown in 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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