Forex Trading EVO - EUR/USD Technical - 04/ AprilBy Praful Patat EURUSD is doing sideway movement on 1 hour chart, price come from down side, break of 1.4250 going up side toward extension 1.4280 and break of 1.4211 support further going downside toward 1.4180 on intraday. EURUSD backed from Fib No. 78.6%(1.4094) on Friday, extension 127.2% at 1.4280, 161.8%1.4349 which is 127.2% extension of 1.4246 to 1.3865. 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 still in progress. In EURUSD minor support at 1.4188. Strategy: EURUSD buy from support or sell from resistance. New High: 1.4240, 1.4332, 1.4327. New Low: 1.4056, 1.4148, 1.4143.
|
Newsletter Subscriber
