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Hold onto a buy perspective with your tp at 1.11694.

Hold onto a buy perspective with your tp at 1.11694. | 24 October 2019

24 October 2019, EUR/USD

Technical Observation

Yesterday, EURUSD failed to break below the level 1.11153, instead, the pair bounced off from this level and is currently heading to the upper side, we expect this bounce to push price higher towards the daily high 1.11834 and in case the price breaks above this line, then I will expect further rally with my next take profit at 1.12141. On this chart, should the price break below 1.11153, then I will be expecting a move towards 1.108145 and could extend lower towards the 50.0% fib level, 1.10547.

Trade Recommendations:

Hold onto a buy perspective with your tp at 1.11694.

Imelda Maseno
Analyst of «FreshForex» company
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