Rebuy EURUSD from 1.0952.< | 08 October 2019

08 October 2019, EUR/USD

Rebuy EURUSD from 1.0952.<

Technical Observation

EURUSD is currently in an active up trend. While the price is contained above the green Moving average marked above, I expect a possible momentum to the upperside towards the daily high of 1.1025. If this target is broken, then further momentum to the upper side is expected to the upper side with our last take profit at 1.1065. And on the other side, should the price break below 50.0% fib level, then this could be a good sign that we should expect a sell towards 1.0878.

Trade Recommendations:

Rebuy EURUSD from 1.0952.

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.

Anjara

Facebook

Twitter

Imelda Maseno

Analyst of «FreshForex» company

FreshForex is a brand with a 20-year history, providing access to online trading for clients from 158 countries worldwide.
The company’s services are intended for adult users. If the use of these services violates local laws, you must immediately leave the website. The company does not provide services in the following countries.
Risk Warning: Trading financial instruments with leverage involves significant risks and may result in both profits and losses. Potential losses are limited to the amount of funds deposited. Before deciding to trade, clients should assess their risk tolerance, experience level, and knowledge.
We use cookies to improve your experience on our website.