Sell Eurusd with your take profit at 1.10530. | 24 December 2019
24 December 2019, EUR/USD
Technical Observation
Yesterday, EURUSD barely rallied to the lower side. The previous day;s candle is a perfect bearish inside bar candle and signals that the price is possibly heading to the lower side, while the price is kept below 1.1100, we're looking for a possible long term sell order towards 1.10530. A break below this level could drive the price even lower and could break below the supportive trend line towards 1.09140. On its way to the lower side, the key levels to look for include 1.10070 and 1.09600.
Trade Recommendations:
Sell Eurusd with your take profit at 1.10530.
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.
