#EURUSD, Against all odds

2019-11-12 15:15:02

The eurusd continues its downward trajectory on the daily graph.
Yesterday's eurusd attempt to return above the 200 moving average line found at 1.1040 unsuccessfully (in the H4 graph) and this confirms the bearish model.
According to the Stochastic, the eurusd has reached the bottom of the daily graph, so even if in the long run there will be declines they will come after a serious increase that needs to start now!
Target: 1.1160
Signal with relatively high risk because it goes against the trend.