MG Network

something big isHappening!

In the mean time you can connect with us with via:

Copyright © Money Grows Network | Theme By Gooyaabi Templates

Money Grows Network

Archive

Powered by Blogger.

Welcome To Money Grows Network

Verified By

2006 - 2019 © www.moneygrows.net

Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

Popular

Pages

Expert In

Name*


Message*

Prepare to sell EUR/USD on break of major support

Price has started to show the first signs of a major bearish reversal by breaking out of our ascending channel. However, we prepare to sell only if the price manages to close below 1.1750 support (Fibonacci retracement, horizontal overlap support) which would trigger a bearish move for a drop to at least 1.1500 support (Fibonacci retracement, horizontal overlap support, big figure).

RSI (34) sees intermediate support at 50% and only a break of this level would correspondingly trigger a bearish move on EUR/USD.

Sell below 1.1750. Set stop loss at 1.1854 and take profit at 1.1500.

analytics598ab4944c8c6.png

The material has been provided by InstaForex Company - www.instaforex.com