Bullish breakout in EURUSD | Technical Chart | 15-June-2012

 Below is the technical chart of EURUSD, on H4 time frame, with Ichimoku kinko hyo indicator.


After a long time, EURUSD started trading above kumo, along with chikou-span (CS0 line. That gave clear bullish breakout signal. One can buy this currency pair with a stop loss of 1.2555.

Below 1.2509 is a clear sell signal. Watch these levels carefully.

READ  Social Trading: Different Types and Styles

Leave a Comment

Your email address will not be published. Required fields are marked *

three × 4 =