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Sell a break below 1.0995.

Sell a break below 1.0995. | 26 November 2019

26 November 2019, EUR/USD

Sell a break below 1.0995.

Wave Analysis
During the previous trading day, euro declined perfectly as previously forecasted, but could not break below the level 1.0995. As long as the price does not clear break and close below 1.0995, we choose to remain on the sidelines, our expectations is that the price should clearly break and close below 1.0995 to confirm that we are continuing to the lowerside with an ultimate target at 1.0885. The anticipated bearish price rally is the continuation of the impulsive wave (E) and should breakout below 1.0940.
Trade Recommendations:
Sell a break below 1.0995.
Bob Stan
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