Friday, June 6, 2014

IForex Recommendations : Epic Research Singapore


USD/CAD pulled away from 1.0917, the pair's lowest since Wednesday, to hit 1.0934 during European afternoon trade, still down 0.07%.The pair was likely to find support at 1.0885, the low of May 22 and resistance at 1.0989, the high of May 5.


INTRADAY OUTLOOK
Support: 1.6770
Resistance: 1.6815

RECOMMENDATION:
1. Buy GBP/USD Above 1.6815- TG: 1.6835/ 1.6865 SL 1.6785
2. Sell GBP/USD Below 1.6770- TG: 1.6750/ 1.6720 SL 1.6800
3.
INTRADAY OUTLOOK
Immediate Support: 1.3580
Immediate Resistance: 1.3670

RECOMMENDATION:
1. Buy EUR/USD Above 1.3670- TG: 1.3690/1.3720 SL 1.3640
2. Sell EUR/USD Below 1.3580- TG: 1.3560/1.3530 SL 1.3610


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