Apr 03 2018

Trade Idea for the day

EURUSD :-  Pair is trading around 5 Day SMA on hourly charts, RSI is neutral with MACD below zero line giving buy signals.

Our Preference :-  Buy below 1.23

Target – 1.2330-1.2340

Stop loss – 1.228

 

GBPUSD :- Pair is trading above 21 Day SMA on hourly charts, RSI is heading towards oversold territory MACD is below zero line giving buy signals.

Our Preference :-  Sell above 1.4070

Target – 1.40-1.4050

Stop loss – 1.4085