Sell eurusd now towards 1.1110 | 14 May 2019
14 May 2019, EUR/USD
Technical Observation
Eurusd is in a downtrend. While the price is contained between the two trendline, I expect a plunge towards 1.1110. The key levels to look for on this chart include 1.1110, 1.12760 and 1.13180. Any time the price approaches any of this lines, We'll be looking for a trade depending on whether the price bounces off from that level or it breaks below or above it. Based on the previous day's candle, I recommend looking for a sell with your stoploss above the previous day's highest high/
Trade Recommendations:
Sell eurusd now towards 1.1110
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.
