17 Juni 2019, EUR/USD
Technical Observation
EURUSD is currently trading with an increasing bearish bias momentum. While the price is contained below the two simple moving averages, and also below the resistance zone 1.15220-1.1554, I expect a possible momentum to the lowerside. My recommendations is that, conservative traders should wait for a retracement back upwards towards 1.13560 to sell this pair at the lowest risk possible. According to the current chart set up and structure, I recommend looking for a sell order towards 1.06920.
Trade Signal.
Sell Eurusd from 1.13560.