Wait for a break below 1.0996 to pick a sell. | 27 Noviembre 2019

27 Noviembre 2019, EUR/USD

Wait for a break below 1.0996 to pick a sell.

Wave Analysis

After bouncing off from the zone 1.1074-1.1091, Euro continued to the lowerside but is currently approaching a key support level 1.0996. This is a key level and while the price is not able to clearly break and close below it, we'\re waiting for a possible bounce from this trendline to pick a long term buy order. But in case the price successfully breaks and close below 1.0996, then this will give us an ideal place to consider a long term sell order towards 1.0870, on its way to the lowerside. As it is now, only sell positions can be recommended.

Trade Recommendations:

Wait for a break below 1.0996 to pick a sell.

Bob Stan
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.