Trade Idea: 18 Oct Sell Eurusd

These market alerts are provided as part of a trial basis only.

Sell EurUsd @ 1.1820

SL @ 1.1880

TP @ 1.1680

This order is only good for entry purposes until 5.00 pm NY time today

Trade Description: The head and shoulder formation seems to be gathering pace and looking for levels to get short seems to be the plan. Back above the neckline would negate the theory so keep stops tight. Downside target = Circa 1.1250

This information is a personal view only, this being a trade being undertaken by FX Charts. It is not an inducement or recommendation to trade although you may do so if you agree with the parameters of this idea.. Refer to our disclaimer here.

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