The reason why we feel EURUSD may Rise.
* On weekly basis it has just started moving up
* Bullish Engulfing in weekly Chart .
* To Rise and come near 1.1286 levels
* Stoch RSI (3,3,14,Close) is Rising.
* RSI (14,CLOSE) is Rising.
* CCI (20,CLOSE) is Sinking..
Keeping all the above indicators in view along with the chart pattern we expect it to Rise. Our Buy...
We are expecting EURUSD to RISE
* CCI is rising
* RSI is rising
* STOCH RSI is rising
We suggest buy above: 1.1008 SL: 1.0987 TGT 01: 1.1058 TGT 02: 1.1081 TGT 03: 1.1151 Caution: The above is our personal view. Neither a recommendation nor a tip nor an advice for trade. Please consult your personal financial advisor before investing.
EURUSD is expected to sink now.
There are many reason why we feel it may sink.
* Bearish Engulfing in WEEKLY Chart .
* To sink and come near 1.0898 levels
* Stoch RSI (3,3,14,Close) clearly states it may sink.
* RSI (14,CLOSE) May not be of the same view.
* CCI (20,CLOSE) may not be of the same view.
Keeping in view the chart pattern we expect it to sink....
EURUSD is expected to sink now.
There are many reason why we feel it may sink.
* Bearish Engulfing in daily Chart .
* To sink and come near 1.0884 levels
* Stoch RSI (3,3,14,Close) clearly states it may sink.
* RSI (14,CLOSE) Is also of the same view.
* CCI (20,CLOSE) Is also sinking.
Keeping all the above indicators in view along with the chart pattern...
