Friday, October 14, 2011

EURUSD technical chart | 14-Oct-2011

Below is the technical chart of EURUSD with Doda-Donchian and Doda-Bbands indicators.

EURUSD Technical chart
EURUSD Technical chart




On 06-Oct-2011, both the above mentioned indicators gave Buy signal and it run in northern direction from there. At the time of writing this post, the total profit was about 351 pips. Now, the main support, target ann resistance levels as per different other indicators (not mentioned here).

Support: 1.3710 and 1.37503

Target and major resistance: 1.4059

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