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Today we are sharing EUR/USD Currency Trading Signals.
SUMMARY:
The secondary trend of EURUSD is sideways on charts but from past few trading sessions prices are not sustaining at higher levels. In its 4 hourly chart, prices are consolidating with strong negative bias to give break out at downside. Its 30 and 200 DMA are also providing resistance to the prices & supporting the further downtrend. The pair is taking support at an important level of 1.0965. If it breaks its support level & sustains below it then we can expect it to come down to the levels of 1.0905/1.0870 in next few days.
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INDICATORS:
MACD is sustaining in selling territory, supporting the further down side movement in the market.
STRATEGY:
EURUSD is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions.
PIVOT POINTS :
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Today we are sharing EUR/USD Currency Trading Signals.
SUMMARY:
The secondary trend of EURUSD is sideways on charts but from past few trading sessions prices are not sustaining at higher levels. In its 4 hourly chart, prices are consolidating with strong negative bias to give break out at downside. Its 30 and 200 DMA are also providing resistance to the prices & supporting the further downtrend. The pair is taking support at an important level of 1.0965. If it breaks its support level & sustains below it then we can expect it to come down to the levels of 1.0905/1.0870 in next few days.
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EURUSD
( 4 Hourly )
EURUSD Chart Today |
INDICATORS:
MACD is sustaining in selling territory, supporting the further down side movement in the market.
STRATEGY:
EURUSD is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions.
PIVOT POINTS :
S3
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S2
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S1
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PIVOT
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R1
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R2
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R3
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EUR/USD
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GBP/USD
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USD/JPY
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USD/CHF
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AUD/USD
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USD/CAD
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0.6751
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