Friday, 18 April 2014

EURUSD Weekly Analysis ( 21 To 25th April)

According to daily chart EURUSD pair now in bearish sentiment and last week it has taken some gap down so it can continue this bearish sentiment towards   1.374 level where have important Fibo 61% retrenchment level  as well as weekly support 1 (1.37460).


Note: This pair can take again rebound towards 1.396 level after hitting 1.37460 level.


Weekly Technical at a glance:




















EUR/USD

(S3) 1.3394



(S2)1.3610



(S1)1.3746



(Pivot Point) 1.3826



(R1) 1.3962



(R2) 1.4041



(R3) 1.4257


 





 



EURUSD Weekly Analysis ( 21 To 25th April)