Friday, November 4, 2011

EURUSD technical chart | 04-Nov-2011

 Here is a technical chart of currency pair EURUSD with Doda-Donchian, Doda-Bollinger Bands and BBSQueeze indicator.



After getting the Sell signal from all the indicators @1.40126, it touched the low of 1.36074 and now trading near 1.38126, giving a total profit of about 200 pips. The chart is trying to CLOSE above Doda-Donchian line and if that happens, it will surely touch 1.40612 in coming trading sessions. Book your profit at that level for once.

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