Technical Commentary: In Daily chart, Eur/Usd was strongly closed below yearly support level and its broken lower trend line of equidistant channel lines and its closed below last 2 days low, so all this confirming for selling side :- We have shown in image.
In 4 hours chart, Eur/Usd was trading in equidistant channel lines and trading near intraday upper trend line, so we can sell near intraday upper channel line.
In 1 hour chart, Eur/Usd was trading in equidistant channel lines near lower channel line, we can sell near intraday resistance of horizontal line level and we can exit near intraday support levels.
| 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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