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EUR/USD: Forecast For November 12 -16, 2018

  • Writer: fxmethods
    fxmethods
  • Nov 11, 2018
  • 1 min read

EURUSD is still likely to grow. Estimated pivot point is at a level of 1.1300.

lONG scenario: long positions will be relevant from corrections above the level of 1.1300 with a target of 1.1623 – 1.1813.

SHORT scenario: Breakout and consolidation below the level of 1.1300 will allow the pair to continue declining to the levels of 1.1200 – 1.1100.



 
 
 

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