FX.co - Burning forecast 12.11.2018

2018-11-12T22:39:39

Long-term review

EURUSD: there is a down trend signal.

On Monday morning, the euro broke down the weekly level of 1.1300 - this is a strong signal for a down trend.

The lowest trend target is 1.1050.

We keep sales from 1.1350.

Sell from 1.1300.

Alternative: Buy from 1.1500.

Burning forecast 12.11.2018

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

Analytical expert

Dean Leo

FX.co ★ Burning forecast 12.11.2018