2017.02.1521:19:00UTC+00Fxwirepro: Prefer to Go Long on Xag/usd Around $17.95, Stop Loss at $17.75 and Target of $18.12

• XAG/USD is currently trading around $17.98 marks.
   
• It made intraday high at $17.99 and low at $17.92 levels.
   
• Intraday bias remains bullish till the time pair holds key support at $17.70 mark.
   
• A daily close above $17.94 will test key resistances at $18.05/$18.12/$18.26/$18.47 marks respectively.
   
• On the other side, a daily close below $17.94 will take the parity down towards key supports at $17.70/$17.51/$17.44/$17.38/$17.22/$17.06/$16.99/$16.85/$16.70 marks respectively.
   
• Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.

We prefer to go long on XAG/USD around $17.95, stop loss at $17.75 and target of $18.12/$18.26.