Technical parameters | (18th – 22nd ) December
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Possible entry point with critical support and resistance level.But when you trade this level make sure that you are using price action confirmation signal.We have prepared these key support and resistance level based on the Fibonacci retracement levels,100&200 SMA, key swings point and chart patterns formed in the higher time frame.Focus on AUDUSD technical analysis
EURUSD
Look for buying opportunity near the first critical support
First critical Resistance: click here to see
Second critical Resistance: 1.20916
First critical Support: click here to see
Second Critical Support: 1.16036
Overall Sentiment: Slightly Bullish
All the technical parameters are applicable from 18th December to 22nd December 2017.The overall sentiment indicates the prevailing trend of the market.We highly recommend you to trade in favor of the market sentiment (overall sentiment ) to reduce the risk exposure in trading.Trade the critical support and resistance level with price action confirmation signal.If you want to get the technical chart analysis along with logical explanations, feel free to contact us.
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