TRADING
TIPS :
EUR/USD is currently trading with a
slight bullish bias. Yesterday, euro retraced to the upper side but
is yet to reach our target reversal point at 1.1113. During this
intraday, we expect a possible bullish price action towards 1.1113,
where we’ll be looking to go short with our ideal target below
1.0935. This pair should be traded alongside GBP/USD, NZD/USD,
AUD/USD and GBP/JPY. These pairs have a strong positive correlation
of up to +0.89 and will have a similar price action during this
intaday.
RECOMMENDATION:
BUY
GBPUSD ABOVE 1.3422 TGT 1.3442 1.3472 SL 1.3392
SELL
GBPUSD BELOW 1.3350 TGT 1.3330 1.3300 SL 1.3380
RECOMMENDATION:
BUY
GBPUSD ABOVE 1.3422 TGT 1.3442 1.3472 SL 1.3392
SELL
GBPUSD BELOW 1.3350 TGT 1.3330 1.3300 SL 1.3380
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