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Technical analysis on all major pairs | 18th December 2017

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.

We provide high-quality Forex trading signalstrading consultancy, and price action trading course.Please feel free to contact us for any query. A simple 5-minute conversation with our expert will change your trading career.


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