29 Maret 2019, EUR/USD
Technical Observation
Eurusd is trading with an increasing bearish bias momentum. Overal, this pair is in an active downtrend, and while the price remains below the two simple moving averages, I expect a further decline and may end up breaking below the recent lowest low 1.2215. On this chart, I only recommend looking for sell orders, and any pullbacks towards the fast moving average will attract a long term sell. Currently, I'm looking at 1.12485, and 1.12890 as potential sell areas, anytime the price approaches any of these lines, I'll look for a sell.
Trade Recommendations:
We're selling euro from 1.12485