Sell a break below 1.0995. | 26 November 2019
26 November 2019, EUR/USD
Wave Analysis
During the previous trading day, euro declined perfectly as previously forecasted, but could not break below the level 1.0995. As long as the price does not clear break and close below 1.0995, we choose to remain on the sidelines, our expectations is that the price should clearly break and close below 1.0995 to confirm that we are continuing to the lowerside with an ultimate target at 1.0885. The anticipated bearish price rally is the continuation of the impulsive wave (E) and should breakout below 1.0940.
Trade Recommendations:
Sell a break below 1.0995.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
