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Oct 25

Forex Trading EVO - EUR/USD Technical - 04/ April

By 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.

Pivot: R3-1.4364, R2-1.4294, R1-1.4250, PP-1.4180, S1-1.4110, S2-1.4067, S3-1.3997.

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