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!