Trade Recommendation: EURUSD
The price broke the uptrend line and moved below the cloud. It gave us a trend reversal signal and a new sell opportunity. DMI confirms that the market is going to move downward. Pending orders for sell can be placed at 1.17750 level with stop orders at 1.18600 level. Profit targets are 1.17000 and 1.16000 levels. Don’t risk more than 3% from your deposit in this trade.
Profit Targets: 1.17000 and 1.16000
Disclaimer: The analyst does not have investments in EURUSD.