DAILY SPOT EURPLN - Thursday's trade idea and technicals
Prices have been oscillating around their key daily average rates since the beginning of March, but the end to a sequence of higher daily and weekly lows switched Wednesday’s signals to bearish. So far losses have been limited, but with no sign that the deterioration is ending the outlook for Thursday remains negative and the call is to sell on the open and then at 4.2980, the 100 day average rate with a stop loss at 4.3030, Tuesday’s top. Targets are to 4.2850, yesterday’s low, 4.2745, March’s base and 4.2590, this year’s low trade.
3cAnalysis – live analysis that improves trading performance. Our analysis is highly respected by major Institutions throughout the UK and Europe. We set the standards for high end, live, independent technical analysis research across 3 asset classes and 3 time frames and with exceptional directional success over more than 9 years.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.