Trade Recommendation: EURUSD

Bullish divergence gives us a trend reversal signal. MACD supports upward movement. RSI confirmed price reversal from 1.15500 support level. DMI allows to open long trades. Pending orders for buy can be placed at 1.16200 level with stop orders at 1.15400 level. Profit targets are 1.17000 and 1.18500 resistance levels. Don’t risk more than 3% from your deposit in this trade.

Market: EURUSD
Buy: 1.16200
Stop: 1.15400
Profit Targets: 1.17000 and 1.18500

Author:
Dmitriy Lavrov is a professional trader, technical analyst and money manager with 10 years trading experience. The main covered markets are Forex, Commodity, Cryptocurrency. Provides personal education for those who are interested in profitable trading. Entries in TOP 10 among TradingView authors.