Oct 12 2017

Sell EURUSD at 1.1890 for a target of 1.1670

EURUSD:-On a daily chart “Descending Triangle” pattern formation is found, peaks of the triangle is getting lower with almost equal bottoms. In the current scenario the pair is trading in the range of triangle and presently trading close to its resistance zone, so we suggest the traders to use this range play for taking respective positions.
Trade idea:- Sell EURUSD at 1.1890 for a target of 1.1670 with a stop-loss of 1.1990.

Good Luck…!

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