Technical Commentary: In Weekly Chart :- Last week Eur/Usd was closed above the key resistance level 1.1080 levels and its closed on higher side and its broken upper trend line and the pair reached key resistance of 1.1280 levels so further we can except sideways moments between key support level 1.1080 and key resistance level 1.1280.
In Daily chart :- After Testing the key resistance level of 1.1280 level the Eur/Usd was closed on lower side,so today we can except some correction upto next support levels,we can sell below the key resistance level 1.1280 for the target of 1.1080 levels.
In 4 hour chart and In 1 hour chart :- Eur/Usd was trading with lower trend line and trading above the key support level, we except sideways movement between key resistance level and key support level :- We have shown in attached image.
In 4 hour chart and In 1 hour chart :- Eur/Usd was trading with lower trend line and trading above the key support level, we except sideways movement between key resistance level and key support 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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