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FxWirePro: Prefer to go short on XAG/USD around $15.88 with stop loss at $16.12 and target of $15.54

Tuesday, December 20, 2016 6:48 AM UTC

XAG/USD is currently trading around $15.84 marks.
It made intraday high at $16.04 and low at $15.82 levels.
Intraday bias remains bearish till the time pair holds key resistance at $16.19 levels.
A daily close above $15.91 will test key resistances at $16.02/$16.19/$16.24/$16.32/$16.46/$16.62/$16.76/$16.90/$17.02/$17.22/$17.48 marks respectively.
On the other side, a daily close below $15.91 will take the parity down towards key supports at $15.82/$15.74/$15.54/$15.32/$15.01 marks respectively.

We prefer to go short on XAG/USD around $15.88 with stop loss at $16.12 and target of $15.54.

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FxWirePro: Prefer to go short on XAG/USD around $15.88 with stop loss at $16.12 and target of $15.54

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