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Sell EURUSD with your take profit at 1.09170.

Sell EURUSD with your take profit at 1.09170. | 13 November 2019

13 November 2019, EUR/USD

Sell EURUSD with your take profit at 1.09170.

Technical Observation

Nothing much has happened on this pair since the beginning of this week, we saw a slight decline but we still above the swing low. While the price is contained below the 23.6% fib level, I expect further momentum to the lower side and could breakout below the swing low 1.09170. A break below the swing low will give us the best place to pick a long term sell order towards 1.02020. On its way to the lower side, the key levels to look for include 1.06310, 1.04880 and 1.03450. As it is, only sell positions looks ideal.

Trade Recommendations:

Sell EURUSD with your take profit at 1.09170.

TRADE FUEL WITHOUT SWAPS!

Imelda Maseno
Analyst of «FreshForex» company
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