Sell a break below 1.09889. | 29 November 2019
29 November 2019, EUR/USD
Technical Observation
Nothing significant happened on this pair. The pair is still below the 76.4 percent fib level. As I mentioned during the previous day's forecast. I expect a possible break below the level 1.09889 to pick a long term sell order with an ideal take profit at 1.09850. If this level is broken, then further momentum towards 1.080. On this chart, only sell positions looks ideal and can be recommended, but should the price pullback towards, then only a clear breakout and a close above 61.0 or 1.10301 may attract a buy.
Trade Recommendations:
Sell a break below 1.09889.
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.
