EURILS: Sell entries.

SAXO:EURILS   Euro/Israeli Shekel
EURILS has been trading within a long term Channel Down since December 2018 ( RSI = 38.590, MACD = -0.085, ADX = 31.136, Highs/Lows = -0.0915). At the moment it is trading around the 1D MA50 and on the Lower High trend line . We expect the price to be rejected back to the 3.7790 Support. If not, then the June - December 2018 fractal may be played out: rise towards 3.9500 and then rejection.

Previous call within the Channel Down:

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