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Eur/Usd : 12/01/2016 Technical Analysis Report

12th January 2016 CFX Admin

Our Preference: Sell Below 1.0900 for the target of 1.0800 levels
Alternative Scenario: Nill
 
Technical Commentary: In Daily chart and 4 Hour Chart :- Yesterday EurUsd was inside the triangle pattern and now its trading near upper line of  the triangle pattern so we can sell near upper trend line and except upto next key support level :- which we have shown in attached image.
In 1 Hour Chart :-  EurUsd was tested upper trend line and it was trading in the equidistant channel line and if lower channel line breaks means we can except sell off  upto next key support level :- which we have shown in attached image.


Technical Commentary: In Daily chart and 4 Hour Chart :- Yesterday EurUsd was inside the triangle pattern and now its trading near upper line of the triangle pattern so we can sell near upper trend line and except upto next key support level :- which we have shown in attached image. In 1 Hour Chart :- EurUsd was tested upper trend line and it was trading in the equidistant channel line and if lower channel line breaks means we can except sell off upto next key support level :- which we have shown in attached image.



Technical Commentary: In Daily chart and 4 Hour Chart :- Yesterday EurUsd was inside the triangle pattern and now its trading near upper line of the triangle pattern so we can sell near upper trend line and except upto next key support level :- which we have shown in attached image. In 1 Hour Chart :- EurUsd was tested upper trend line and it was trading in the equidistant channel line and if lower channel line breaks means we can except sell off upto next key support level :- which we have shown in attached image.



Technical Commentary: In Daily chart and 4 Hour Chart :- Yesterday EurUsd was inside the triangle pattern and now its trading near upper line of the triangle pattern so we can sell near upper trend line and except upto next key support level :- which we have shown in attached image. In 1 Hour Chart :- EurUsd was tested upper trend line and it was trading in the equidistant channel line and if lower channel line breaks means we can except sell off upto next key support level :- which we have shown in attached image.



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