After today's solid rally price seems to finally be slowing down and stalling around the 0.80700 level. Our daily chart shows a strong trend line resistance level here where on several occasions price wasn't able to push further upwards and reversed.
Take Profit 0.80000
Stop Loss 0.81200
Risk Warning: Trading Forex involves significant risk and can result in the loss of some or all of your invested capital. You should not invest money than you cannot afford to lose and should ensure that you fully understand the risks involved before considering trading. Take into consideration your level of experience, investment objectives and if your not sure then seek professional advice.
Take Profit 0.80000
Stop Loss 0.81200
Risk Warning: Trading Forex involves significant risk and can result in the loss of some or all of your invested capital. You should not invest money than you cannot afford to lose and should ensure that you fully understand the risks involved before considering trading. Take into consideration your level of experience, investment objectives and if your not sure then seek professional advice.
Comment:
Target: Second Target 0.79400