Buy Euro from 1.11490 | 13 August 2019
13 August 2019, EUR/USD
Technical Observation
yesterday, Euro moved very little to our forecasted direction, as it is on the 4 hour chart attached, we're expecting a possible rally towards the turncoat support zone marked 1.11490-1.11665, this is a key zone and while price is contained above it, this remains a very good place to look for low risk buy orders. On the other side, the key zone to look for a possible sell or is around the verified resistance zone 1.12700-1.12895, a break above this resistance will push the price further to the upperside.
Trade Recommendations:
Buy Euro from 1.11490
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.
