Technical Commentary: In Weekly chart, Eur/Usd was trading near last week low 1.0770 levels ,yesterday it was broken and it reached safely to the key support level 1.0730. In Daily chart, Eur/Usd was trading in the equidistant channel lines and it was trading in the triangle pattern now Eur/Usd was trading near upper trend line so we can sell near upper trend line, If upper trend line breaks means we go for alternative scenario: - We have shown in attached image.
In 4 hour chart :- Eur/Usd was trading near upper channel line of equidistant channel lines and key resistance of upper resistance line is coming around 1.0820 level :- We have shown in attached image.
In 1 hour chart :- Eur/Usd was trading in the triangle pattern and its trading below upper line, So we can sell near resistance levels :- We have shown in attached image.
| 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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