EUR/USD long term downtrend continuation 1D

2019-11-08 02:30:55

The EUR/USD has stayed, for the most part, within its downward channel and this looks as if it will continue this direction following double tops at the top of the channel.
The breakthrough of the 38.2% Fib level somewhat confirms the bearish bias. Close sell position before buying pressure kicks in around the 1.09500 level. Good Luck.