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Tuesday, April 5, 2016

EURUSD Technical Outlook on 15mins chart


















EURUSD has consistently tested the 1.14000 psychological price region and failed to break the resistance after 4 days. 15m chart indicates a possible sign of reversal as indicated by downward trend lines. This currency pair is expected to find resistance at point A as indicated on the chart.

Trade recommendation;

Sell at any point within resistance zone 1.13850/1.140000
Stop loss should be above 1.14360
Take profit: Tp1 (1.13370) ; Tp2 (1.13030)

Disclaimer: Our trade advice is only informative. #TradeAtYourOwnRisk

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