After yesterday close another devergence has been spotted in EURUSD. It coincides with strong support level formed from previous bottom at 1.3150. The double bottom and divergence strongly indicate trend reversal with target 1.38.
Comments
vijaynimbalkar
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I do agree but TGT is too high.. to me it can touch 1.3450 max..
CapitalHubs
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The target depends on timing. Your short term target of 1.3450 is reasonable. 1.38 is indicative rate for 3 to 6 months period.