Nov 24 2017

Trade Idea for the day

EURUSD :- Double top with a bearish divergence in 14-day Relative Strenght Index.

Our Preference:- Sell at Current for the target of 1.1815 with a stop-loss of 1.1862.

GBPUSD:- The pair looks well supported at the upward sloping trend-line.

Our Preference:- Buy at current for a target of 1.3320 and 1.3330 with a stop-loss of 1.3290.

USDJPY:- Can move back after a mild correction.

Our Preference:- Buy at 111.33  for the target of 111.56, put the stop-loss at 111.22.