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FX.co ★ Analysis of EUR./USD for November 09, 2018

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Forex Analysis:::2018-11-09T10:19:24

Analysis of EUR./USD for November 09, 2018

Analysis of EUR./USD for November 09, 2018

Recently, the EUR/USD has been trading downwards. As I expected, the price tested the level of 1.1329 and its going forward my yesterday's target at 1.1303. According to the H4 time – frame I have found the successful breakout of the bearish flat and the support at the price of 1.1352, which is a sign that sellers are in control. My advice is to watch for selling opportunities. The downward target is set at the price of 1.1303.

Analyst InstaForex
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