23 September 2019, EUR/USD
Technical Observation
EURUSD is currently trading within a possible triangular formation. And while the price is contained within this shape formation, I recommend waiting for a bounce from the upper trendline to pick a long term sell order. On its way to the upperside, I expect price to find a major hurdle around 1.10320. On if the price goes above this level will I expect a continuation towards the just mentioned trendline. In case the price breaks above this trendline, then a momentum further even higher is expected towards 1.11090.
Trade Recommendations:
Wait for a sell around the upper trendline.