Centreforex
CentreForex.com Representative
- Messages
- 52
Eur/Usd : 23/12/2015 Technical Analysis Report From Centreforex
Our Preference: Sell Below 1.0950 for the target of 1.0870 levels
Alternative Scenario: Nill
Technical Commentary: In Daily chart :- EurUsd was trading with upper trend line and yesterday its was tested the upper trend line so we can sell near upper trend line and except upto next key support levels :- which we have shown in attached image.
In 4 Hour Chart :- EurUsd was trading in the equidistant channel line and trading below key resistance level of horizontal line, yesterday it was tested the upper channel line so we can sell near upper channel line or key resistance level of horizontal line and except upto next key support levels :- which we have shown in attached image.
In 1 Hour Chart :- EurUsd was trading in the equidistant channel line and its was trading below resistance level and now its was trading near lower channel line, If lower channel line breaks means its confirmed for the selling trend so we can sell near resistance level and except upto next key support levels :- which we have shown in attached image.
Our Preference: Sell Below 1.0950 for the target of 1.0870 levels
Alternative Scenario: Nill
Technical Commentary: In Daily chart :- EurUsd was trading with upper trend line and yesterday its was tested the upper trend line so we can sell near upper trend line and except upto next key support levels :- which we have shown in attached image.
In 4 Hour Chart :- EurUsd was trading in the equidistant channel line and trading below key resistance level of horizontal line, yesterday it was tested the upper channel line so we can sell near upper channel line or key resistance level of horizontal line and except upto next key support levels :- which we have shown in attached image.
In 1 Hour Chart :- EurUsd was trading in the equidistant channel line and its was trading below resistance level and now its was trading near lower channel line, If lower channel line breaks means its confirmed for the selling trend so we can sell near resistance level and except upto next key support levels :- which we have shown in attached image.