Wait | 21 October 2019

21 October 2019, EUR/USD

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Technical Observation.

Perfectly as I stated earlier last week, Eurusd rose tremendously and even went above the resistance zone 1.1109-1.1092. This is a key zone, and while the price is contained above it, we expect nothing but a possible momentum to the upper side, This bullish move is supported by the fact that the Trend indicator attached is below where the price is which means, we ‘re looking for long term buy orders. Conservative traders should wait for break above 1.1175 to pick long term buy orders.
Trade Recommendations:
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Imelda Maseno
Analyst of «FreshForex» company
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