Euro/Dollar recoverred back to the top 1.4107 on Friday, sfter chish started declining and closed the week at 1.4050. On the 1 hour chart the support still holds, limiting the currency pair from further bearish movements. In upwards direction a key resistance is 1.4110. Break up of that level may trigger further bullish impulse towards 1.4220. Immediate and strong support is represented by the 1.3890 level, followed by 1.3765. The CCI indicator is in the neutral zone of the 1 and 4 hour charts.
Technical resistance levels: 1.4110 1.4220 1.4345
Technical support levels: 1.3890 1.3765 1.3645
Trading range: 1.4045 - 1.3980
Sell at 1.4033 SL 1.4063 TP 1.3993
On Friday we made +20 pips profit on EUR/USD from the following signal:
5:40 GMT+1 Sell EUR/USD at 1.4043 SL 1.4069 TP 1.3993 exited at 7:55 GMT
Total on Friday +104, as shown at www.zifx.com/performance.php