Look for sell orders towards 1.10251. | 23 July 2019

23 July 2019, EUR/USD

Technical Observation

EURUSD is currently trading with an increasing bearish bias momentum. While price is held within the Bollinger bands formation, I'm recommending long term sell orders with an ideal take profit at 1.11865. So far, on this chart, I've been looking for long term sell orders towards 1.10. And in case of a break above 1.12090, than I'll wait for higher lows formation confirm that we're upwards with our take profit at 1.12270, a break above this level will push the price actively to the upperside.

Trade Signal.

Look for sell orders towards 1.10251.


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.
Imelda Maseno
Analyst of «FreshForex» company
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