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Eur/Usd : 17/03/2015 Technical Analysis Report

17th March 2015 CFX Admin

Our Preference: Sell positions below 1.0600 for the target of target 1.0490 in extension.
Alternative Scenario: Untill Weekly closing
 
Technical Commentary: In Daily chart, Eur/Usd was trading in the selling trend with upper 0trend line and key resistance 1.0700 level and its trading below 10 years low,
In 4 hour chart, Eur/Usd was trading in equidistant channel lines with intraday triangle pattern.
In 1 hour chart,Eur/Usd was trading in the equidistant channel lines and its trading near to upper channel line,so we can sell near upper line :- We have shown in image.


Technical Commentary: In Daily chart, Eur/Usd was trading in the selling trend with upper 0trend line and key resistance 1.0700 level and its trading below 10 years low,



In 4 hour chart, Eur/Usd was trading in equidistant channel lines with intraday triangle pattern.



In 1 hour chart,Eur/Usd was trading in the equidistant channel lines and its trading near to upper channel line,so we can sell near upper line :- We have shown in image.



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