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Apr 20

Forex Trading EVO - EUR/USD Technical Analysis - 15/April

By Praful Patat    05:00 GMT

EURUSD is consolidation on daily chart, also EURUSD formed double top on 1 hour chart and reverse still in progress. EURUSD break of 1.4525 further going up side toward 1.4554-1.4638 area and break of 1.4349 support going down side toward 1.4245 on intraday.  EURUSD backed from 38.2% at 1.4394, extension at 1.4554, 1.4638 still in progress. In EURUSD strong resistance is at 1.4525, and strong support at 1.4349, minor support at 1.4452. In bigger range, EURUSD backed from 78.6% at 1.2946, extension at 1.4739 ,1.5321 still in progress, EURUSD broker trend line so possible to back test it.

New High:  1.4501, 1.4575, 1.4562.

New Low:  1.4352, 1.4426, 1.4413.

Pivot Point: R3-1.4604, R2-1.4547, R1-1.4512, PP-1.4455, S1-1.4398, S2-1.4363, S3-1.4306.

 

 

Latest EURUSD
Last 1.4491
High 1.4515
Low 1.4362
5 day 1.4457
10 day 1.4359
20 day 1.4253
50 day 1.3958
100 day 1.3635
200 day 1.3469