Will the Fall of USD Bring Hope to the Crypto Markets?
After bouncing off the previous Major trendline last month, Bitcoin seems to be retesting the support area again in hopes of catching a bullish momentum.
Levels to trade EUR/USD
2019-11-11 • Updated
Trade ideas
BUY 1.1420; TP 1.1450; SL 1.1405
SELL 1.1380; TP1 1.1350; TP2 1.1315; SL 1.1400
EUR/USD met resistance in the 1.1415 area. The pair’s advance in the recent days was quite rapid, so it might be hard for the euro to retain the bullish momentum. The return below the 50-week MA (1.1387) will open the way down to 1.1350 (200-day MA) and 1.1315. Below this level, the next area to watch will be at 1.1260 (100-day MA). The advance above 1.1420 is needed to open the way up to 1.1450 and 1.15. Much will depend on comments of the Fed’s Chair Powell pater today.
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