EUR/USD 1.3141 - 10 April

EUR/USD Open 1.3154 High 1.3332 Low 1.3093 Close 1.3164

Euro/Dollar made a hesitating movement yesterday and stayed inside the formed triangle on daily chart. The currency couple climbed to the top 1.3332, but the bullish movement was limited and the Euro dropped sharply to 1.3132, and closed the day at 1.3164. On the 4 hour chart the lower trend line provides good support for the European currency. Break downwards may cause further decreasing scenario. Signals are neutral for the time being. Immediate resistance is seen at 1.3330. Break above this level may cause further bullish momentum with testing of the 1.3390 resistance, followed by 1.3450. Short term support is this morning's bottom 1.3090, the break of which may lead to decreasing scenario with targets towards 1.2970. The CCI indicator is in the neutral zone on 3 charts - 1 hour, 4 hour and daily.

Technical resistance levels: 1.3330 1.3450 1.3590

Technical support levels: 1.3155 1.2970 1.2855

Trading range: 1.3155 - 1.3090

Trend: Downward

Sell at 1.3141 SL 1.3171 TP 1.3101

Yesterday we made +22 pips profit on EUR/USD from the following signal:

5:48 GMT+1 Sell EUR/USD at 1.3275 SL 1.3301 TP 1.3225 exited at 6:19 GMT

Total yesterday +149, as shown at www.zifx.com/performance.php