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Eur/Usd : 02/12/2015 Technical Analysis Report

2nd December 2015 CFX Admin

Our Preference: Sell below 1.0660 for the target of 1.0560 levels.
Alternative Scenario: Nill
 
Technical Commentary: In Daily chart :- EurUsd was broken the Equidistant channel lines and its broken the key resistance level and yesterday EurUsd was closed on higher side with bullish candle  so today we can except correction upto next resistance levels:- which we have shown in attached image.
In 4 Hour chart :-  EurUsd was trading in the equidistant channel lines and its trading near upper channel line so we can sell near upper trend line and except upto next key support levels :- which we have shown in attached image.
In 1 hour chart :- Eur/Usd was broken the triangle pattern on lower side and major key resistance level was formed at 1.0640 so we can except on selling side near resistance level :- which we have shown in attached image.


Technical Commentary: In Daily chart :- EurUsd was broken the Equidistant channel lines and its broken the key resistance level and yesterday EurUsd was closed on higher side with bullish candle so today we can except correction upto next resistance levels:- which we have shown in attached image.



In 4 Hour chart :- EurUsd was trading in the equidistant channel lines and its trading near upper channel line so we can sell near upper trend line and except upto next key support levels :- which we have shown in attached image.



In 1 hour chart :- Eur/Usd was broken the triangle pattern on lower side and major key resistance level was formed at 1.0640 so we can except on selling side near resistance level :- which we have shown in attached image.



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