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Buy EURUSD with yuor take profit at 1.11770.

Buy EURUSD with yuor take profit at 1.11770. | 01 November 2019

01 November 2019, EUR/USD

Buy EURUSD with yuor take profit at 1.11770.

Technical Observation

So far, even after establishing a swing high around 1.11770, we have not seen any proper retracements on this pair, we expect a possible retracement towards the 5.0% fib level, 1.10, but as it looks, this pair could not reach even 38.2% fib level before reversing, Following the break above the 23.6% fib level from the lowerside, we expect a possible momentum towards the swing high and could breakout to the upperside. If price goes above this level, then we expect further momentum to the upper side towards 1.12.

Trade Recommendations:

Buy EURUSD with your take profit at 1.11770.

Imelda Maseno
Analyst of «FreshForex» company
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