EUR/USD RSI & Fib Signal - May 8

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By: ForexRoyals

Currency: EUR/USD
Trend Expected Direction: Uptrend
Method: Fibonacci and RSI
Description: The EUR/USD is currently below the Fibonacci level 38.2% time and at the same time we can see notice the RSI is above its 30 Level. Expect more uptrend to reach the 38.2% Fibonacci 1.3081
Action: Buy
Target Area: First target 1.3081
Stop Loss: 1.2950

EURUSD signal 5812

Forex Royals (ForexRoyals.com) is one of the leading account management and Forex signal services in the Middle East. Forex Royals consists of five analysts that specializes in the field of stocks and currency trading. They also provide sell/buy recommendations, take profit or stop loss on the major currency pairs which include: EUR/USD, GBP/USD, USD/JPY, USD/CHF, EUR/GBP, AUD/USD, and different kinds of commodities.