Sell EURUSD towards 1.10622. | 28 October 2019
28 October 2019, EUR/USD
Technical Observation
On this chart, the main areas to focus on include, the daily low 1.09903, the daily high 1.11785 , 1.11341, 1.11066, 1.10844 and 1.10622. Following the break below the 50.0% fib level, we expect a possible momentum to the lowerside and should move towards 61.8% fib level, 1.10622. In case the price breaks below this level, then further momentum to the lower side is expected towards 76.4% fib level, 1.10347. But, should price again break above the 50.0% fib level, then this could mean we're continuing to the upperside.
Trade Recommendations:
Sell EURUSD towards 1.10622.
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.
