Euro USD Intraday Trading Chart Levels
Pivot Points | Daily Support/ Resistance levels | Breakout Trading
After the Euro USD broke out of the larger consolidation on the daily chart last week market approached the high of 2012 yesterday at 1.3486. Market closed at the high of 2012 yesterday and today the Euro broke through it (Breakout Trading/ Timing- see red circle). A similar pattern occured at the monthly R1 (red circle), where the daily candle also closed at the monthly R1 before market broke the monthly R1 with the next daily candle.
Currently, the Euro USD is trading at the monthly R2.
|Daily - Support/ Resistance|
|5 min Euro USD Pivot Points, S/R|
Read the Chart Legend above and the pages: Chart pattern explanation, Chart patterns explained, Chart pattern analysis and Candlestick Chart patterns to get more information about the underlying Chart and Trading Patterns/Signals/Strategies
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