22 Mei 2019, EUR/USD
Technical Observation
This pair is trading within a falling channel formation. While the price is protected by the upper trendline, I'm looking for a long term sell order. I'm waiting for a pullback towards 1.11940 to sell this pair at the least possible risk. A break below the supportive trendline shown below I'll be looking for short orders. On its way to the lowerside, the key levels to look for include 1.10590, 1.10130 and 1.001. You can still look for sell orders now, have your stop loss above the previous day's highest high.
Trade Signal.
We're sellers.