Aug 20 2018

Trade idea for the day

EURUSD: The pair had given a valid breakout the neckline of inverted head and shoulder pattern. At present EURUSD is trying to test back the neckline before reaching the Inverted H&S pattern target of 1.1500.

Our Preference: – Buy at 1.1390

Target – 1.1445 and 1.1490

Stop loss – 1.1370