Buy Euro from 1.11490 | 13 Agustus 2019

13 Agustus 2019, EUR/USD

Buy Euro from 1.11490

Technical Observation

yesterday, Euro moved very little to our forecasted direction, as it is on the 4 hour chart attached, we're expecting a possible rally towards the turncoat support zone marked 1.11490-1.11665, this is a key zone and while price is contained above it, this remains a very good place to look for low risk buy orders. On the other side, the key zone to look for a possible sell or is around the verified resistance zone 1.12700-1.12895, a break above this resistance will push the price further to the upperside.

Trade Recommendations:

Buy Euro from 1.11490

Imelda Maseno
Analyst of «FreshForex» company
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