Nov 14 2017

Trade Idea for the day

EURUSD :- Trading close to its resistance area.

Our Preference:- Sell at 1.1680-85 for the target of 1.1654

Alternative Scenario:- Buy above 1.1690 for the target of 1.1720

GBPUSD:- Trading below 50-day and 200-day moving average.

Our Preference:- Sell at current market for a target of 1.3085 and 1.3061

Alternative Scenario:- Buy above 1.3132 for a target of 1.3177-88

USDJPY:- Consolidating between moving averages

Our Preference:- Buy at 113.55 for a target of 113.80

Alternative Scenario:- Sell at 113.81 for a target of 113.55