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Technical parameters | (7th – 11th) May
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 EURUSD technical analysis
Long trade running
First critical Resistance: Click here
Second critical Resistance: 1.22135
First critical Support: Click here
Second Critical Support: 1.15680
Overall Sentiment: Slightly bullish
For GBPUSD, AUDUSD, NZDUSD, and USDCAD analysis
All the technical parameters are applicable from 7th May to 11th May 2018. 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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