Dec 05 2017

Trade Idea for the day

EURUSD :- MACD is about to cross signal line and RSI reached below 50 mark.

Our Preference:- Sell at current(1.1865) for the target of 1.1833 with a stop-loss of 1.1880.

GBPUSD:- Downside range breakout.

Our Preference:- Sell at Current(1.3460) for a target of 1.3420 with a stop-loss of 1.3478.

USDJPY:- Bounces back after testing the trend-line support .

Our Preference:- Buy at current(112.63) for the target of 113.06, put the stop-loss at 112.43.