Technical Commentary: In Daily chart :- After testing the key support level of 1.1080 level, Eur/Usd truns to buying side and yesterday Eur/Usd was closed on higher side,so today we can except on buying side upto next resistance level 1.1280, So we can buy near the key support level 1.1160 for the target of 1.1280 levels with stoploss below 1.1080.
In 4 hour chart :- Eur/Usd was broken upper trend line and now its trading above the key support level 1.1130.
In 1 hour chart :- Eur/Usd was trading in the range bound pattern between key resistance and key support levels so we can buy near intraday support 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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