Sell EURUSD from 1.13107. | 13 March 2019

13 March 2019, EUR/USD

Sell EURUSD from 1.13107.

Technical Analysis

Eurusd is currently in a downtrend. On the daily chart we shown, the price is below the three simple Moving Averages (200, 152, 52). While the price is contained below these three and also below the line 1.13107, I expect nothing but a possible steep decline towards 1.10840. And should price breakout lower, then further rally even lower is expected. On this chart, I'm looking at the following lines 1.12874, 1.15680, 1.10840 and 1.04. Anytime the price approaches any of this lines, I'll be expecting a trade.

Trade Signal.

Sell EURUSD from 1.13107.

Imelda Maseno
Analyst of «FreshForex» company
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