Daily Trade Recommendation
EURUSD
EURUSD looks to stay between 1.2856 and 1.2792 for most of the day and we might see short term traders get in and out of the market for very short profits.
As far as long term scenario is concerned, it seemed that EURUSD might take a rise from 1.2792 level towards 1.2900. On the lower side 1.2792 is an important level, break of which will set new target for EURUSD around 1.2730 region.
Trade: Buy EURUSD @ 1.2792 for Profit Level @ 1.2852 and Stop Loss @ 1.2762
chart analysis