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As it is now, sell EURUSD with your take profit at 1.0990.

As it is now, sell EURUSD with your take profit at 1.0990. | 22 November 2019

22 November 2019, EUR/USD

Buy EURUSD with your take profit at 1.1170.

Technical Observation

Our stops were taken out when the price turned around and even closed below the three moving averages shown above, while the price is contained below these three moving averages, I expect a possible momentum to the lowerside and could see the price rally even lower with an ultimate target at 1.0990. And on the other side, should the price rally and close above 1.1095, then only then we will be looking for a possible long term buy positions with our first take profit at 1.1125 and the next take profit at 1.1170.

Trade Recommendations:

As it is now, sell EURUSD with your take profit at 1.0990.

TRADE FUEL WITHOUT SWAPS!

Imelda Maseno
Analyst of «FreshForex» company
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