FX.co ★ EUR/USD analysis for November 19, 2018

Recently, the EUR/USD pair has been trading upwards. The price tested the level of 1.1428. According to the M30 time – frame, I found that price is trading above the Ichimoku cloud and above Kijun- sen and Tenkan-sen, which is sign that buyers are in control. I also found on the point and figure chart that there is a breakout of the triple top formation, which is another sign of strength. My advice is to watch for buying opportunities. The upward targets are set at the price of 1.1447 (pivot R1) and at the price of 1.1480 (Pivot R2).