Burning forecast 13.11.2018

Burning forecast 13.11.2018

EUR USD: there is a down trend signal.

A strong breakthrough of the weekly and monthly scale of 1.1300 of the EURUSD on Monday is a signal of the euro's downward trend.

Closing of the day at 1.1200 is an important confirmation.

Despite an upward rebound of the euro on Tuesday morning, a continuation down is very likely.

We are ready to sell the euro from 1.1290, stop 1.1335, target 1.1180.