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Eur/Usd : 08/12/2015 Technical Analysis Report

8th December 2015 CFX Admin

Our Preference: Buy above 1.0840 for the target of 1.0950 levels
 
Technical Commentary: In Daily chart :- Yesterday EurUsd was tested the key support level of  horizontal line and closed on higher side with bullish candle so today we can except on buying side and we can buy near intraday key support level and except upto upper trend line :- which we have shown in attached image.
In 4 Hour Chart :-  EurUsd was trading below the  upper trend line and yesterday it was tested the support level and trading above the key support level so today we can buy near support level and except upto next resistance levels :- which we have shown in attached image.
In 1 Hour Chart :- EurUsd was trading in the triangle pattern and trading near lower trend line and trading above the support level of horizontal line so we buy near support level :- which we have shown in attached image.


Technical Commentary: In Daily chart :- Yesterday EurUsd was tested the key support level of horizontal line and closed on higher side with bullish candle so today we can except on buying side and we can buy near intraday key support level and except upto upper trend line :- which we have shown in attached image.



In 4 Hour Chart :- EurUsd was trading below the upper trend line and yesterday it was tested the support level and trading above the key support level so today we can buy near support level and except upto next resistance levels :- which we have shown in attached image.



In 1 Hour Chart :- EurUsd was trading in the triangle pattern and trading near lower trend line and trading above the support level of horizontal line so we buy near support level :- which we have shown in attached image.



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