For NOV. 26-30
Since the bullish move was not maintained last week and the highest price it got to was at 1.14715 and closed at 1.13348 just above the opening price of 1.13242 last Nov. 16, 2018. A possible head and shoulder is in the offing for this currency pair. My fearless forecast for EURUSD, it will retrace to 1.11000 level within the week.
This is how I will trade the pair
SHORT 1.1359
STOP 1.1499
TP 1.1124
Since the bullish move was not maintained last week and the highest price it got to was at 1.14715 and closed at 1.13348 just above the opening price of 1.13242 last Nov. 16, 2018. A possible head and shoulder is in the offing for this currency pair. My fearless forecast for EURUSD, it will retrace to 1.11000 level within the week.
This is how I will trade the pair
SHORT 1.1359
STOP 1.1499
TP 1.1124
