Euro/Dollar made an increasing movement on Thursday, reaching a peak at 1.4160, and closing the day at 1.4148. It is too early to accept possible prospects for bullish scenario, but the 1.4100 resistance was penetrated convincingly upwards, and if the currency couple manages to hold above that level, we may see further significant upward impulse towards next objective 1.4300 before possible testing of the 1.4415 level. In downward direction the nearest support is yesterday's bottom 1.4060, followed by 1.3930. The CCI indicator is in the neutral zone on the 1 hour chart, suggesting calm trading.
Technical resistance levels: 1.4160 1.4300 1.4415
Technical support levels: 1.4060 1.3930 1.3800
Trading range: 1.4095 - 1.4160
Buy at 1.4107 SL 1.4077 TP 1.4147
Yesterday we made +22 pips profit on EUR/USD from the following signal:
5:38 GMT+1 Buy EUR/USD at 1.4066 SL 1.4040 TP 1.4116 exited at 6:43 GMT
Total yesterday +124, on Wednesday +160, as shown at www.zifx.com/performance.php