Resell EURUSD from within 1.10524-1.10752 with your take profit at 1.09550. | 09 September 2019

09 September 2019, EUR/USD

Resell EURUSD from within 1.10524-1.10752 with your take profit at 1.09550.

Technical Observation

EURUSD is in an active downtrend. Following the bearish pin bar seen last week on Thursday, I expect Eurusd to continue to the lowerside and should break below 1.09550 towards 1.09160. While the price is contained below the three moving averages acting a dynamic resistance, I expect a steep decline towards 1.09160. On it way downwards, the key lines to look for include 1.09950, and 1.09550. A break below these level will push the price further towards 1.080 or even lower.

Trade Recommendations:

Resell EURUSD from within 1.10524-1.10752 with your take profit at 1.09550.

Imelda Maseno
Analyst of «FreshForex» company
Setuju dengan review?
opini pedagang:
Close
Masuk
Browser Anda tidak mendukung kue. Jika cookie dinonaktifkan di browser Internet Anda, Anda mungkin memiliki masalah dengan render daerah Pribadi. Cara mengaktifkan dukungan cookie.