Analysis of EUR./USD for November 09, 2018


Recently, the EUR/USD has been trading downwards. As I expected, the price tested the level of 1.1329 and its going forward my yesterday's target at 1.1303. According to the H4 time – frame I have found the successful breakout of the bearish flat and the support at the price of 1.1352, which is a sign that sellers are in control. My advice is to watch for selling opportunities. The downward target is set at the price of 1.1303.

The material has been provided by InstaForex Company -