Bearish scenario: Shorts below 18100 with TP1: 17900... Anticipated bullish scenario: Intraday Longs above 18130 with TP...
EUR/USD inside an offer zone
2019-11-11 • Updated
EUR/USD gained momentum during Wednesday’s session, following the Federal Reserve’s decision to hike rates for third time in 2017. That helped to the pair to test an offer area between the 50% and 65% Fibonacci zone. That’s why we’re expecting a decline to take place at the current stage in order to reach the next target to the upside in the -23.6% level at 1.1664.
RSI indicator remains in favor of the positive territory.
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Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.
Bearish scenario: Sell below 1.0820 / 1.0841... Bullish scenario: Buy above 1.0827...