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Eur/Usd : 10/12/2015 Technical Analysis Report

10th December 2015 CFX Admin

Our Preference: Buy above 1.0940 for the target of 1.0160 levels
Alternative Scenario: Nill
 
Technical Commentary: In Daily chart :- Yesterday EurUsd was broken the upper trend line and yesterday its was closed on higher side as bullish candle so today we can except on buying side upto next resistance levels of horizontal line :- which we have shown in attached image.
In 4 Hour Chart :-  EurUsd was broken the upper trend line and broken key resistance level and now this upper trend line acting as key support level so we can buy near key support level and except upto next resistance levels :- which we have shown in attached image.
In 1 Hour Chart :- EurUsd was trading with lower trend line and its broken the resistance level of horizontal line so we can buy near support level and except upto next resistance level :- which we have shown in attached image.


Technical Commentary: In Daily chart :- Yesterday EurUsd was broken the upper trend line and yesterday its was closed on higher side as bullish candle so today we can except on buying side upto next resistance levels of horizontal line :- which we have shown in attached image.



In 4 Hour Chart :- EurUsd was broken the upper trend line and broken key resistance level and now this upper trend line acting as key support level so we can buy near key support level and except upto next resistance levels :- which we have shown in attached image.



In 1 Hour Chart :- EurUsd was trading with lower trend line and its broken the resistance level of horizontal line so we can buy near support level and except upto next resistance level :- which we have shown in attached image.



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