TRADING
TIPS :
The EUR/USD pair moves in sideways and
tight track settled near 1.1400, where it faces a strong resistance
at 1.1420, and the price needs to breach this level to ease the
mission of visiting our next main target that located at 1.1494.In
general, the bullish trend scenario remains valid and active on the
short term basis, organized within the bullish channel that appears
in the above chart, supported by the EMA50, pointing that breaching
the targeted level will extend the gains to reach 1.1650 as a next
main target, while the price needs to settle above 1.1264 for the
continuation of the positive expectations.Expected trading range for
today is between 1.1300 support and 1.1520 resistance.
RECOMMENDATION:
BUY
GBP USD ABOVE 1.4125 TARGET 1.4145 1.4175 SL 1.4095
SELL
GBP USD BELOW 1.4090 TARGET 1.4070 1.4040 SL 1.4120
RECOMMENDATION:
BUY
EUY USD ABOVE 1.1365 TARGET 1.1385 1.1415 SL 1.1335
SELL
EUR USD BELOW 1.1335 TARGET 1.1315 1.1285 SL 1.1365
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