aumnamah

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100 % forex
Top Mentioned Symbols
EURUSD 50% | 1 USDINR 50% | 1
aumnamah aumnamah EURUSD, D,
EURUSD: EUR dangerously placed in EMA
34 0 3
EURUSD, D
EUR dangerously placed in EMA

No doubt there’s a scheduled ECB policy today. And perhaps with a possible status quo (on rate or stimulus wise) – EURO can rise against USD, maybe stretching towards 1.1140. But other than this - EUR looks bearish as seen in the chart, 200EMA has crossed 50 from below.

aumnamah aumnamah USDINR, D,
USDINR: H&S USDINR
22 0 1
USDINR, D
H&S USDINR

a move towards arnd 66.52 will complete neckline of outer (and more realistic) H&S...so from CMP risky Short call. If it does reach 66.52 then a definite Long from 66.52 towards 67.80 Immediate resistance seen at 67.44

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