Trading suggestion:
There is possibility of temporary retracement to suggested resistance zone (1.6925 to 1.7150), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
.Beginning of entry zone (1.6925)
.Ending of entry zone (1.7150)
Take Profits:
TP1= @ 1.6760
TP2= @ 1.6625
TP3= @ 1.6360
TP4= @ 1.6205
TP5= @ 1.6020
TP6= @ 1.5690
TP7= @ 1.5465
TP8= @ 1.5255
TP9= @ 1.4535
TP10= @ 1.3875
TP11= @ Free
Technical analysis:
.A vale is formed in daily chart at 1.6645 on Wed, 01/24/2018, so more gains maximum to resistance zone (1.6925 to 1.7150) is expected.
.Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
. Relative strength index ( RSI ) is 54.
.Current short-term is range bound, but beginning of downtrend is expected.
There is possibility of temporary retracement to suggested resistance zone (1.6925 to 1.7150), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
.Beginning of entry zone (1.6925)
.Ending of entry zone (1.7150)
Take Profits:
TP1= @ 1.6760
TP2= @ 1.6625
TP3= @ 1.6360
TP4= @ 1.6205
TP5= @ 1.6020
TP6= @ 1.5690
TP7= @ 1.5465
TP8= @ 1.5255
TP9= @ 1.4535
TP10= @ 1.3875
TP11= @ Free
Technical analysis:
.A vale is formed in daily chart at 1.6645 on Wed, 01/24/2018, so more gains maximum to resistance zone (1.6925 to 1.7150) is expected.
.Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
. Relative strength index ( RSI ) is 54.
.Current short-term is range bound, but beginning of downtrend is expected.
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🌟36 Forex Pairs
🌟175 Cryptos
🌟16 Stock & Currency Indices
🌟Gold,Silver,Oil,Gas
✅ Best Profitable Trading Strategies
✅ in 9 languages
✅ since 2007
FREE Telegram 👉 t.me/forecastcity_com