26 September 2019, EUR/USD
Technical Observation
EURUSD is currently in an active downtrend. While the price is contained below the three simple moving averages acting as components of the Alligator trend indicator, I expect further momentum to the lowerside with my targets being 1.09430, and 1.08424 respectively,. if price breaks below the last take profit, then I'm expecting a steep decline even lower with the next ideal take profit being 1.07 or even lower. The idea is to wait and sell a retracement back towards 1.09658, this will offer an ideal sell place.
Trade Recommendations:
Resell EURUSD from 1.09658.
TRADE METALS WITHOUT SWAPS!