Trade Recommendation: EURUSD
The market is going to reverse from 1.20800 level. The price diverges with RSI and MACD histogram and it gives us a bearish divergence. This is a strong trend reversal signal. RSI confirms price reversal. MACD supports further downward movement. DMI allows open short trades. Pending orders should be placed below SMA20 at 1.20400 level. Stop orders can be placed above the resistance level. Profit target should be near SMA50 and support levels. Recommended trading volume for this trade is up to 3% from your deposit.
Profit Targets: 1.19850