Forex Trading EVO - EUR/USD Technical - 19/April
By Praful Patat 05:00 GMT
EURUSD broke up trend line and consolidation on 1 hour chart, break of 1.4246 further going up side toward 1.4358 resistance and break of 1.4195 support going down side toward 1.4127. If EURUSD will reverse from 1.4195 then again going up for filling gap at 1.4420. In EURUSD harmonic low completed yesterday, possible reverse and retrace. 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: 1.4327, 1.4458, 1.4365.
New Low: 1.4065, 1.4195, 1.4102.