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Eur/Usd : 10/03/2015 Technical Analysis Report

10th March 2015 CFX Admin

Our Preference: Sell positions below 1.0860 with stoploss of 1.0910 and target 1.0770 & 1.0700 in extension.
Alternative Scenario: Untill Weekly closing
 
Technical Commentary: In Weekly chart, Eur/Usd was broken major key support line of yearly low 1.1100 and its was trading below 10 years low and last week low So avoid to think on long side :- We have shown in image.
In Daily chart, Eur/Usd was strongly closed below yearly support level and its trading near lower trend line of equidistant lines. In 4 hours chart, Eur/Usd was trading equidistant channel lines and 1 hour chart, Eur/Usd was trading in new equidistant channel lines so we can sell near intraday resistance levels and we can exit near intraday support levels.


Technical Commentary: In Weekly chart, Eur/Usd was broken major key support line of yearly low 1.1100 and its was trading below 10 years low and last week low So avoid to think on long side :- We have shown in image.



In Daily chart, Eur/Usd was strongly closed below yearly support level and its trading near lower trend line of equidistant lines.Technical Commentary: In Weekly chart, Eur/Usd was broken major key support line of yearly low 1.1100 and its was trading below 10 years low and last week low So avoid to think on long side :- We have shown in image. In Daily chart, Eur/Usd was strongly closed below yearly support level and its trading near lower trend line of equidistant lines. In 4 hours chart, Eur/Usd was trading equidistant channel lines and 1 hour chart, Eur/Usd was trading in new equidistant channel lines so we can sell near intraday resistance levels and we can exit near intraday support levels.



In 4 hours chart, Eur/Usd was trading equidistant channel lines and 1 hour chart, Eur/Usd was trading in new equidistant channel lines so we can sell near intraday resistance levels and we can exit near intraday support levels.



In 4 hours chart, Eur/Usd was trading equidistant channel lines and 1 hour chart, Eur/Usd was trading in new equidistant channel lines so we can sell near intraday resistance levels and we can exit near intraday support levels.



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