07 November 2019, EUR/USD
Technical Observation
EURUSD continues to rally to the lowerside but is still bullish according to the trend indicator attached. While the price is contained above the Green moving average attached, I expect a momentum to the upperside, this bullish move is supported by the fact that we have not seen any clear retracements back to any of my fib levels, Ideally, I expect a momentum towards 23.6% fib level, and should price break above this fib level, the maximum the price should retrace back up to is 50.0% fib level.
Trade Recommendations:
Wait