Looking for sell signal again | 05 November 2015

05 November 2015, EUR/USD

Daily chart: So, euro has a downward trend, and made stronger a trend swing yesterday. There is no signal for swing ending, but some correction is possible. You had better wait for an opportunity to sell this pair after correction.

Looking for sell signal again

H4: the most optimal entrance zone is 1.09-1.0935 range. Any short signals are likely to be profitable.

Looking for sell signal again

Scenarios: 1) An up rollback to 1.0900-1.0935 area and new decrease towards 1.0844. 2) Direct decrease under 1.0844 and settlement in 7-th figure.

Aleksey Panasenko
FreshForex Analyst
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