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FX.co ★ EUR/USD analysis for November 26, 2018

EUR/USD analysis for November 26, 2018

EUR/USD analysis for November 26, 2018

Recently, the EUR/USD pair has been trading upwards sideways at the price of 1.1367. Anyway, according to the H4 time – frame, I have found that there is a breakout of the bearish flag in the background, 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 target is set at the price of 1.1220.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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