EUR/USD 1.3030 - 18 March

EUR/USD Open 1.3031 High 1.3066 Low 1.2935 Close 1.3016

Yesterday Euro/Dollar was moving within the range 1.2935 - 1.3066. The European currency broke the key resistance level of 1.3000 this week, yesterday reached a peak at 1.3066 and yesterday closed at 1.3016. Consistent movement over 1.3000 may provoke further ascending momentum with targets towards the region of 1.3280. The CCI indicator is about to cross down the 100 line on the 4 hour chart, suggesting descending pressure towards testing the 1.2930 support level.

Technical resistance levels: 1.3070 1.3190 1.3345

Technical support levels: 1.2930 1.2825 1.2730

Trading range: 1.3020 - 1.3080

Trend: Upward

Buy at 1.3030 SL 1.3000 TP 1.30707

Yesterday we made +26 pips profit on EUR/USD from the following signal:

5:46 GMT Buy EUR/USD at 1.2990 SL 1.2964 TP 1.3040 exited at 6:22 GMT

Total yesterday +112, as shown at www.zifx.com/performance.php