Wait for retracements towards 1.10793 to pick a low risk sell order. | 30 Agosto 2019

30 Agosto 2019, EUR/USD

Wait for a bounce from around 1.10330 to pick a buy.

Technical Observation

Yesterday, EURUSD went striaght to the lowerside and is now below a significant level 1.10793. This is a key daily level and while the price is held below it, I expect nothing but a possible momentum further to the lowerside. If the current week's candle candle close below 1.0793, then this week, and possibly during the next week, we'll expect nothing but a possible momentum to the lowerside. The idea is to wait for retracements back towards 1.10793 to pick low risk sell orders towards 1.099.

Trade Recommendations:

Wait for retracements towards 1.10793 to pick a low risk sell order.

Imelda Maseno
Analyst of «FreshForex» company
¿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.
manager photo manager photo
Online-support
Nos complacerá contestar cualquier pregunta que pueda tener

Escribir

Get bonus