Technical Commentary: Last week Eur/Usd closed on lower side with broken of key support line 1.0730 levels, So we can except upto previous low and 2003 august low of key support level 1.0480 : - We have shown in attached image.
In Daily chart, Eur/Usd was falling from the key resistance level and upper equidistant channel line and Eur/Usd was formed double top and Eur/Usd was broken the key support level 1.0730 so further we can except upto next support level of 1.0500 levels : - We have shown in attached image.
In 4 hour chart :- Eur/Usd was trading in the equidistant channel lines and trading near intraday key support level of 1.0600 and In 1 hour chart Eur/Usd was trading in the equidistant channel lines and below key resistance level of 1.0640 so we can sell near key resistance level :- We have shown in attached image.
In 4 hour chart :- Eur/Usd was trading in the equidistant channel lines and trading near intraday key support level of 1.0600 and In 1 hour chart Eur/Usd was trading in the equidistant channel lines and below key resistance level of 1.0640 so we can sell near key resistance level :- 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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