30 October 2019, EUR/USD
Technical Observation
According to the two moving averages attached, EURUSD is ins an active up trend. And, while the price is contained above these two Simple moving averages, I expect a possible momentum towards the daily high 1.11793. On its way to the upperside, the key levels to look for include 23.6% fib level, 1.11349, if this level is broken, then further momentum to the upperside is expected. And on the bears side, should price, break and close below 50.0% fib level, 1.10852, then this will confirm that we are continuing to the lower side.
Trade Recommendations:
Buy EURUSD for now, with your take profit at 1.11793.