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Oct 30

Forex Trading EVO - EUR/USD Technical - 1st April

By 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.

Pivot: R3-1.4285, R2-1.4240, R1-1.4213, PP-1.4168, S1-1.4123, S2-1.4096, S3-1.4051.

 

Latest EURUSD
Last 1.4197
High 1.4233
Low 1.4113
5 day 1.4117
10 day 1.4146
20 day 1.4041
50 day 1.3825
100 day 1.3548
200 day 1.3377