Go short!

20 March, 2017

Go short!

EUR/USD

When it comes to the EUR/USD pair, then we have a descending channel on the weekly chart. There is also a nice horizontal level of 1.0860. Let’s sell the single currency at the crossing point of the indicated lines. Sell Limit 1.0860, Stop Loss 1.0980, Take Profit 1.0350.

S&P500

As for the index S&P500, the price broke the ascending channel and pulled back to a forming dojis. Now, the price is trying to go down. Let’s take a risk and sell the pair at the market opening. Sell 2378, Stop Loss 2410.00, Take Profit 2235.00.


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