Sell EURUSD towards 1.09903. | 29 Octubre 2019

29 Octubre 2019, EUR/USD

Sell EURUSD towards 1.10622.

Technical Observation

Since the previous day, nothing much has happened on this pair. Eurusd attempted a rise above the 50.0% fib level, 1.10844 but ended up closing below it. While the price is contained below this line, I expect further momentum to the lower side and should break below 61.8% fib level, 1.10622 towards 1.09903. If the price breaks below this level, then a momentum towards 1.09391. On this chart, only sell positions looks ideal, but in case the price breaks above 38.2% fib level then this will mean we're heading to the upper side

Trade Recommendations:

Sell EURUSD towards 1.09903.

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