Technical Commentary: In Daily chart :- EurUsd was trading below the short term upper trend line and its trading below the key resistance 1.1100 level, If today upper trend line breaks means we except upto next resistance level so we can above upper trend line and except upto next resistance levels :- which we have shown in attached image.
In 4 Hour Chart :- EurUsd was trading near the upper equidistant channel line and trading above the key resistance level of horizontal line and now its trading in the triangle pattern and its trading near lower trend line, so its conforming for the buying zone 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 in the trading pattern and its trading near upper trend line so if the upper trend line breaks means we except upto next resistance level so we can above upper trend line and except upto next resistance levels:- which 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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