Wait | 07 Januari 2020

07 Januari 2020, EUR/USD

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Technical Observation

EURUSD is currently showing signs of continuing to the upper side. While the price is held above the level 1.1165, we recommend looking for long term buy orders towards 1.1240. If the price breaks above this level, then I recommend further bullish price rally and could see price even higher towards 1.1542. As it is on this chart, if the price breaks below 1.1085, then this will move the price to the lower side towards 1.1050 and could break below 1.1010 or even lower towards 1.0975.

Trade Recommendations:

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Imelda Maseno
Analyst of «FreshForex» company
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