Our Preference: Sell below 1.1800 for the target of 1.1750 levels
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- EurUsd was trading in the triangle pattern, EurUsd bounced back from 23 % Fibonacci retracement levels and tested the upper trend line and its failure to brk the upper trend line and came down, so further we can except on selling side and we can sell below key resistance level of upper trend line and except upto key support levels:- which we have shown in attached image.
In Daily Chart :- EurUsd was trading in the triangle pattern, EurUsd bounced back from 23 % Fibonacci retracement levels and tested the upper trend line and its failure to brk the upper trend line and came down, so further we can except on selling side and we can sell below key resistance level of upper trend line and except upto key support 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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