Symmetric Triangle on EURUSD and it may break either side.
Trade for Long:
Buy above - 1.05490
Target 1 - 1.05780
Target 2 - 1.06070
Stop loss - 1.05105
Trade for Short:
Short below - 1.05100
Target 1 - 1.04870
Target 2 - 1.04505
Stop loss - 1.5490
Today the market is almost at the same point it was a year ago. So during the year the market at seen quite a bit of a roller coaster. This year the Indian indices have been strongly affected by the USD strength. This chart is a correlation between the two variables, the USD and INR. The chart on the top shows a strong negative correlation between the two...