EUR/USD 1.4065 - 16 July

EUR/USD Open 1.4103 High 1.4128 Low 1.3964 Close 1.4106

Euro/Dollar rose on Wednesday. The currency couple made a bottom at 1.3964, than climbed up to 1.4128, forming divergence on the 1 hour chart. Quotes soon may be testing again the the key 1.4130 resistance. Break of that level may trigger further bullish impulse towards next objective 1.4235. Immediate support is yesterday's bottom at 1.3965. Penetration of that level may provoke stronger descending prospects. The CCI indicator is in the neutral zone on the 1 hour chart.

Technical resistance levels: 1.4130 1.4235 1.4350

Technical support levels: 1.3965 1.3850 1.3715

Trading range: 1.4055 - 1.4115

Trend: Upward

Buy at 1.4065 SL 1.4035 TP 1.4105

Yesterday we made +9 pips profit on EUR/USD from the following signal:

5:40 GMT+1 Sell EUR/USD at 1.3985 SL 1.4011 TP 1.3935 exited at 6:28 GMT

5:40 GMT+1 Buy USD/JPY at 93.53 SL 93.27 TP 94.03 exited at 7:02 GMT.

Total yesterday +160, on Tuesday +182, as shown at www.zifx.com/performance.php