Wait | 02 October 2019
02 October 2019, EUR/USD
Technical Observation
Just as I mentioned in the previous analysis, EURUSD retraced back to the upperside but could not hit the 76.4 % fib level, 1.09475. I'm still expecting further retracements to the upperside especially towards the 61.8% fib level, of the price breaks above this level, then a retracement even higher towards 50.0% fib level is expected. On this chart, I recommend waiting for sell orders but only around the levels 1.09475, 1.09740, 1.09954. and also, if price breaks and closes below 1.09047.
Trade Recommendations:
Wait
TRADE METALS WITHOUT SWAPS!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.
