Wait | 02 Octubre 2019

02 Octubre 2019, EUR/USD

Technical Observation

Just as I mentioned in the previous analysis, EURUSD retraced back to the upperside but could not hit the 76.4 % fib level, 1.09475. I'm still expecting further retracements to the upperside especially towards the 61.8% fib level, of the price breaks above this level, then a retracement even higher towards 50.0% fib level is expected. On this chart, I recommend waiting for sell orders but only around the levels 1.09475, 1.09740, 1.09954. and also, if price breaks and closes below 1.09047.

Trade Recommendations:

Wait

TRADE METALS WITHOUT SWAPS!
Imelda Maseno
Analyst of «FreshForex» company
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