What had I written about EURUSD @ AUG 19, 2018, 22:05 PM (IST)? Click here.
Our preference
Long positions above 1.12962 with targets 1.15308 – 1.16340 – 1.17498 in extension.
Alternative scenario
Below 1.12962 look for further downside with 1.11180 as targets.
Second target has been achieved, 1.15308 – 1.16340 level.
Is it a time for reversal or last target? To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
Our preference
Short positions above 69.588 with targets 69.791 – 69.990 – 70.283 – 70.688 in extension.
Alternative scenario
Below 69.588 look for further downside with 69.470 – 69.092 as targets.
Comment
MACD, RSI and STOCH RSI are the clear indication to traders.
Our preference
Short positions above 111.23 with targets 111.52 – 111.90 – 112.66 in extension.
Alternative scenario
Below 111.23 look for further downside with 110.73 – 110.06 as targets.
Get free forex & currency ideas, chart setups, and analysis for the upcoming session: Forex Signals →
Want to get premium trading alerts on GBPUSD, EURUSD, USDINR, XAUUSD, etc., and unlimited access to Moneymunch? Join today and start potentially multiplying your net worth: Premium Forex Signals
Premium features: daily updates, full access to the Moneymunch #1 Rank List, Research Reports, Premium screens, and much more. You΄ll quickly identify which commodities to buy, which to sell, and target today΄s hottest industries.
Have you any questions/feedback about this article? Please leave your queries in the comment box for answers.