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FX.co ★ EUR/USD analysis for November 15, 2018

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Forex Analysis:::2018-11-15T11:38:14

EUR/USD analysis for November 15, 2018

EUR/USD analysis for November 15, 2018

Recently, the EUR/USD pair has been trading sideways at the price of 1.1306. According to the H1 time – frame, I have found a breakout of the bearish flag pattern, which is a sign that sellers are in control. The short-term trend is bearish and my advice is to watch for selling opportunities. The downward targets are set at the price of 1.1213 and at the price of 1.1070.

Analyst InstaForex
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