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Eur/Usd : 24/04/2015 Technical Analysis Report

24th April 2015 CFX Admin

Our Preference: Buy above 1.0780 levels for the target of 1.0890.
Alternative Scenario: Sell Below 1.0760 with stoploss of 1.0830.
 
Technical Commentary: In Daily chart :- Eur/Usd was trading in the equidistant channel lines now its trading near upper channel line and EurUsd broken last week high so we can buy near key support level 1.0800 with tight stoploss of 1.0740 : - We have shown in attached image.
In 4 hour chart :- Eur/Usd was broken the equidistant channel line on upper side and its trading with lower trend line,In 1 hour chart :- EurUsd was broken the upper trend line and key resistance level 1.0780 so we can buy near intraday key support level 1.0780 for the target of 1.0890:- We have shown in attached image. 


Technical Commentary: In Daily chart :- Eur/Usd was trading in the equidistant channel lines now its trading near upper channel line and EurUsd broken last week high so we can buy near key support level 1.0800 with tight stoploss of 1.0740 : - We have shown in attached image.



In 4 hour chart :- Eur/Usd was broken the equidistant channel line on upper side and its trading with lower trend line,In 1 hour chart :- EurUsd was broken the upper trend line and key resistance level 1.0780 so we can buy near intraday key support level 1.0780 for the target of 1.0890:- We have shown in attached image.



In 4 hour chart :- Eur/Usd was broken the equidistant channel line on upper side and its trading with lower trend line,In 1 hour chart :- EurUsd was broken the upper trend line and key resistance level 1.0780 so we can buy near intraday key support level 1.0780 for the target of 1.0890:- We have shown in attached image.



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