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Sell EURUSD towards 1.10622.

Sell EURUSD towards 1.10622. | 28 Octubre 2019

28 Octubre 2019, EUR/USD

Sell EURUSD towards 1.10622.

Technical Observation

On this chart, the main areas to focus on include, the daily low 1.09903, the daily high 1.11785 , 1.11341, 1.11066, 1.10844 and 1.10622. Following the break below the 50.0% fib level, we expect a possible momentum to the lowerside and should move towards 61.8% fib level, 1.10622. In case the price breaks below this level, then further momentum to the lower side is expected towards 76.4% fib level, 1.10347. But, should price again break above the 50.0% fib level, then this could mean we're continuing to the upperside.

Trade Recommendations:

Sell EURUSD towards 1.10622.

Imelda Maseno
Analyst of «FreshForex» company
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