Forex Trading EVO - EUR/USD Technical - 1st AprilBy Praful Patat EURUSD is doing sideway movement on 1 hour chart. Break of 1.4152 support, further going down side toward 1.4120 and break of 1.4177 resistance going up side toward 1.4225 on intraday. EURUSD backed from Fib No. 50.0% at 1.4057 from 1.3856 to 1.4246, extension 127.2% at 1.4347, 161.8% at 1.4478, this is only possible If break of 1.4200 resistance which is 78.6% from 1.4246 to 1.4052 still in progress. If EURUSD will back from 1.4120 then again going up side toward extension 1.4285, 1.4349 area. Strategy: EURUSD buy from support or sell from resistance. New High: 1.4195, 1.4254, 1.4216. New Low: 1.4078, 1.4137, 1.4099.
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