Eur/Usd : 15/09/2015 Technical Analysis Report From Centreforex
Our Preference: Sell Below 1.1320 levels for the target of 1.1200 levels.
Alternative Scenario: Nill
Technical Commentary: In Weekly Chart :- Eur Usd was trading in the triangle pattern now its was trading near upper trend line, so we can sell near upper trend line levels :- which we have shown in attached image.
In Daily chart :- Eur Usd was trading in the Triangle pattern now its was trading near upper trend line and Yesterday Eur/Usd closed as reversal pattern near upper trend line so we can except on selling side :- which we have shown in attached image.
In 4 hour chart :- EurUsd was broken the lower trend line so its confirming for the selling zone and its return back after testing key resistance level.
1 hour chart :- Eur/Usd was broken the equidistant channel lines on lower side and new upper trend line was formed and now its trading near upper trend line so we can sell near resistance and we can hold upto next key support levels :- which we have shown in attached image.