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Eur/Usd : 27/02/2015 Technical Analysis Report

27th February 2015 CFX Admin

Our Preference: Sell positions below 1.1270 with stoploss of 1.1350 and target upto 1.1100 in extension
Alternative Scenario: Nill
 
Technical Commentary: In Weekly chart Eur/Usd was broken last week low & weekly key support level now its trading below last week low So its confirming that next move will try to test yearly low and last month low @ 1.1100 :- We have shown in image.
In Daily chart ,Eur/Usd was broken last 30 days low and its broken major key support level and its confirming that euro was on the side of selling volume so we can sell near key resistance level 1.1270 and exit upto 1.1100 which is the support level of yearly low.
In 4 hours chart,Eur/Usd was broken key support level and we got key resistance level for new sell entry @ 1.1270 Level .
In 1 hour chart, Eur/Usd was broken intraday lower trend line and fall like anything and closed below key support level so we can go on selling side near resistance levels.


In Daily chart ,Eur/Usd was broken last 30 days low and its broken major key support level and its confirming that euro was on the side of selling volume so we can sell near key resistance level 1.1270 and exit upto 1.1100 which is the support level of yearly low.



Technical Commentary: In Weekly chart Eur/Usd was broken last week low & weekly key support level now its trading below last week low So its confirming that next move will try to test yearly low and last month low @ 1.1100 :- We have shown in image.



In 1 hour chart, Eur/Usd was broken intraday lower trend line and fall like anything and closed below key support level so we can go on selling side near resistance levels.



In 4 hours chart,Eur/Usd was broken key support level and we got key resistance level for new sell entry @ 1.1270 Level .



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