Sell a break below 1.11643 towards 1.11118 | 14 August 2019

14 August 2019, EUR/USD

Sell a break below 1.11643 towards 1.11118

Technical Observation

Since the beginning of last week, Euro has remained within the daily high 1.12494 and the 30.2% fib level, or 1.11643, while the price is contained within these two, we expect the pair to be in a range, the ideal is to buy a bounce from 1.11676 and sell a bounce from 1.12494. A break below 1.11643 will mean we're looking for long term sell orders towards 1.11118, and in case price breaks above 1.12494, then this will be an ideal place to look for long term buy orders towards 1.12885.

Trade Recommendations:

Sell a break below 1.11643 towards 1.11118

Imelda Maseno
Analyst of «FreshForex» company
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus