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Eur/Usd : 09/02/2016 Technical Analysis Report

9th February 2016 CFX Admin

Our Preference: Buy Above 1.1140 for the target of 1.1250 levels
Alternative Scenario: Nill
 
Technical Commentary: In Weekly Chart :- Last EurUsd was broken the upper trend line and closed on higher side as bullish candle and its broken the key resistance 1.1100 level of horizontal line, so its confirming for the buying side and today we can buy near intraday support level and except upto next key resistance level :- which we have shown in attached image. 
In Daily Chart  :- Eur/Usd was broken the long term upper trend line and trading above the key resistance level of horizontal line and last 3 days low formed as the big key support level so we can keep stoploss below last 3 days low and buy near intraday support level and except upto next key resistance level :- which we have shown in attached image.
In 4 Hour Chart and In 1 Hour Chart :- Eur/Usd was trading above the resistance level 1.1060 and its trading with lower trend line so today we can buy near intraday support level and except upto next key resistance level :- which we have shown in attached image. 


Technical Commentary: In Weekly Chart :- Last EurUsd was broken the upper trend line and closed on higher side as bullish candle and its broken the key resistance 1.1100 level of horizontal line, so its confirming for the buying side and today we can buy near intraday support level and except upto next key resistance level :- which we have shown in attached image.



In Daily Chart :- Eur/Usd was broken the long term upper trend line and trading above the key resistance level of horizontal line and last 3 days low formed as the big key support level so we can keep stoploss below last 3 days low and buy near intraday support level and except upto next key resistance level :- which we have shown in attached image.



In 4 Hour Chart and In 1 Hour Chart :- Eur/Usd was trading above the resistance level 1.1060 and its trading with lower trend line so today we can buy near intraday support level and except upto next key resistance level :- which we have shown in attached image.



In 4 Hour Chart and In 1 Hour Chart :- Eur/Usd was trading above the resistance level 1.1060 and its trading with lower trend line so today we can buy near intraday support level and except upto next key resistance level :- which we have shown in attached image.



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