Transaction Forex Risk Advisory
Nov 10 2017

Sell EURUSD at 1.1660-1.1670 for the target of 1.1500

EURUSD:- As shared in the previous mail about the breakout of “Descending Triangle” pattern in the daily chart of EURUSD, presently the pair is trading near to the neckline breakout level, or in other way we can say the pair is going to re-test its broken zone. Current price action is witnessing a bearish move towards 1.1500 mark(extended up to 1.1450) . We suggest the traders to stay on short/sell side.

Trade Idea:- Sell EURUSD at  1.1660-1.1670 for the target of 1.1500 with a safe stop-loss of  1.1720.

Good Luck…!