EUR/USD Is In Bearish Trend !

	S3	S2	S1	PIVOT	R1	R2	R3
EUR/USD	1.1231	1.1262	1.1300	1.1331	1.1369	1.1400	1.1438
GBP/USD	1.4912	1.4959	1.4993	1.5040	1.5074	1.5121	1.5155
USD/JPY	116.44	116.78	117.19	117.53	117.94	118.28	118.69
USD/CHF	0.9060	0.9132	0.9202	0.9274	0.9344	0.9416	0.9486
AUD/USD	0.7702	0.7734	0.7766	0.7798	0.7830	0.7862	0.7894
EUR/GBP	0.7431	0.7461	0.7504	0.7534	0.7577	0.7607	0.7650
USD/CAD	1.2271	1.2412	1.2490	1.2631	1.2709	1.2850	1.2928
NZD/USD	0.7152	0.7193	0.7249	0.7290	0.7346	0.7387	0.7443

SUMMARY :- 

The first trend of EUR/USD is bearish,in its hourly chart the pair is sustaining on rising trendline & consolidating with a negative bias. For today also, we will expect it to continue its in progress trend. If EUR/USD sustains below 1.1295 levels, it will come back right down to the degree of 1.1260/1.1220. MACD is with success sustaining below the zero line indicating the bearish sentiment within the market.
RSI is also supporting the same.

SIGN UP FOR DAILY-FREE SIGNALS

EUR/USD ( HOURLY )

STRATEGY:- 

For today EUR/USD is looking weak on chart. we will expect downside movement for few future session. One will select sell on higher level strategy for this pair for intra day to middle term positions.