Sell eurusd now towards 1.1110 | 14 May 2019

14 May 2019, EUR/USD

Sell eurusd now towards 1.1110

Technical Observation

Eurusd is in a downtrend. While the price is contained between the two trendline, I expect a plunge towards 1.1110. The key levels to look for on this chart include 1.1110, 1.12760 and 1.13180. Any time the price approaches any of this lines, We'll be looking for a trade depending on whether the price bounces off from that level or it breaks below or above it. Based on the previous day's candle, I recommend looking for a sell with your stoploss above the previous day's highest high/

Trade Recommendations:

Sell eurusd now towards 1.1110

Imelda Maseno
Analyst of «FreshForex» company
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