Oct 22 2018

Trade idea for the day

EURUSD: An inverted Head and Shoulder is formed on a 30 minutes chart, which is suggesting a possible rally in EURUSD. After the neckline breakout, the pair is retracing back towards the breakout zone for a possible throwback.

Our Preference: – Buy at 1.1520

Target – 1.1550 and 1.1565

Stop loss – 1.1503