KLSE IForex Recommendations : Epic Research Malaysia

Trading Tips:
EUR/USD is currently trading with a bearish bias. During the NFP’s results release, Euro markets plunged down to the lower side and is still petty much bearish. We expect a possible bearish price rally towards 1.1047 or even lower. The anticipated downward rally can only be declared valid in case the pair clearly break below 1.1073. A breakout below this level will give us the green light to go short with an ideal target at 1.0959. This pair should be traded alongside NZD/USD, GBP/USD and AUD/USD. These pairs have a strong positive correlation of up to +0.86 and will have a similar price action during this intraday.

RECOMMENDATION :

BUY GBP/USD ABOVE 1.3100 TGT 1.3120 1.3150 SL 1.3070

SELL GBP/USD BELOW 1.3020 TGT 1.3000 1.2980 SL 1.2950

Click here for Free Signals OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my