Euro/Dollar traded neutrally on Friday within the 1.4071 - 1.4144 range, closing the week at 1.4096. The 1.4180 resistance was broken upwards this morning, suggesting rising perspectives, if the currency couple manages to stay above that level. In downward direction immediate support for the European currency is Thursday's bottom 1.4060. Break bellow that level may trigger further bearish impetus towards next objective 1.3950. The CCI indicator is is about to cross up the 100 line on the 1 hour chart, assuming further potential ascending views.
Technical resistance levels: 1.4180 1.4300 1.4415
Technical support levels: 1.4060 1.3950 1.3825
Trading range: 1.4140 - 1.4205
Buy at 1.4151 SL 1.4121 TP 1.4191
On Friday we made +20 pips profit on EUR/USD from the following signal:
5:41 GMT+1 Buy EUR/USD at 1.4114 SL 1.4088 TP 1.4164 exited at 6:49 GMT
Total on Friday +93, on Thursday +124, as shown at www.zifx.com/performance.php