Euro/Dollar made a moderate decreasing movement on Tuesday, reaching a peak at 1.4014, than dropping down to 1.3912, closing the day at 1.3965. On the 1 hour chart there is a formed triangle, indicating consolidation phase and calm trading. The 1.4015 key resistance level might be tested soon. Immediate support for the currency couple is yesterday's bottom at 1.3910. Break under this zone may trigger further bearish pressure towards next objective downwards - the important 1.3780 support level. The CCI indicator is in the neutral zone of the 1 hour chart, suggesting calm trading.
Technical resistance levels: 1.4015 1.4135 1.4250
Technical support levels: 1.3910 1.3780 1.3655
Trading range: 1.4000 - 1.3935
Sell at 1.3987 SL 1.4017 TP 1.3947
Yesterday we made +48 pips profit on EUR/USD from the following signal:
7:30 GMT+1 Sell EUR/USD at 1.4015 SL 1.4041 TP 1.3965 exited at 7:58 GMT
Total yesterday +182, on Monday +88, as shown at www.zifx.com/performance.php