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Resell EURUSD from 1.09954.

Resell EURUSD from 1.09954. | 04 October 2019

04 October 2019, EUR/USD

Technical Observation

Eurusd pulled back to the upper side and even hit the 50.0% fib level, 1.09954. This was a good sell place, but if your did not pick this sell around 1.9954, then you can resell EURUSD from 61.4% fib level, 1.09740, or in case the price breaks below 76.4% fib level, 1.09475 then this can be a good sell place towards the daily low 1.09047. A break below this level will push the price even lower towards the next level 1.06755. On this chart, only sell positions looks ideal, but in case the price breaks above 50.0 % fib level, then that could signal a possible buy.

Trade Recommendations:

Resell EURUSD from 1.09954.

TRADE METALS WITHOUT SWAPS!

Imelda Maseno
Analyst of «FreshForex» company
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