Thursday, May 29, 2014

Sgx IForex Recommendations : Epic Research Singapore

EUR/USD hit lows of 1.3605, the weakest since February 13 and was last down 0.21% to 1.3607.The pair was likely to find support at 1.3575 and resistance at 1.3636, the session high.


INTRADAY OUTLOOK
Support: 1.6690
Resistance: 1.6770

RECOMMENDATION:
1. Buy GBP/USD Above 1.6770- TG: 1.6790/ 1.6820 SL 1.6740
2. Sell GBP/USD Below 1.6690- TG: 1.6670/ 1.6640 SL 1.6720

INTRADAY OUTLOOK
Immediate Support: 1.3575
Immediate Resistance: 1.3660

RECOMMENDATION:
1. Buy EUR/USD Above 1.3660- TG: 1.3680/1.3710 SL 1.3630
2. Sell EUR/USD Below 1.3575- TG: 1.3555/1.3525 SL 1.3605

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