The trading day on Wall Street opened with a slight rise at the US markets but an hour later the markets are of a mixed trend.
The background to this change with a view to published data of the ISM Non-Manufacturing sector.
The index showed a decline to 51.4 points, compared with expectations of 55 points and more importantly it shows a drop in momentum in the sector.
RSI
Trading opportunity 10:00 (GMT+1)
Coca Cola
On a daily chart we can see that the price of the share went down yesterday by 1.51%.
This fall came after the share was halted at a resistance line.
With the decline, the average of the RSI indicator crossed down his 50 line.
For Forex traders:
Sell between the levels of : 45.00 – 44.80.
Stop loss point : 45.20.
Take profit point : 43.80.
For Binary options traders:
A put option between the levels of : 45.00 – 44.80.
Expiry time : end of the day, July 31
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