EURUSD can Test 1.1350 Levels

2019-12-17 05:33:30

This analysis does not contain a very valuable ratio in terms of risk / reward ratio.
Because the breaking point of the major channel was very close to the resistance.
However, it may be important for traders and investors who are in the physical Euro currency position.
At least stop-loss sales can be made and the market can be observed.

I think resistance can be tested. (1.1350 - 1.1365 )
But I think the bulls will be strengthened after a clear upward break of 1.14.
Recommended parameters:

Position Size : %1
Risk/Reward Ratio < 2 (Low )
Stop-Loss : 1.1029
Goal : 1.1356

Best regards.