Mid-term review of exchange rates on 12.11.2019

Hello. Below are a few recommendations for trading in the Forex market on 12.11.2019

EURUSD

On EURUSD bit is not reached 1.1000 and formed pattern Inner bar. Probably go to a correction to a previously punched level 1,1075, then we will try to continue to fall. Transactions here do not consider, as a pattern without any support.

NZDUSD

On NZDUSD the overall picture has not changed. Price again tried to pass the level 0,6336 and bounced formed a pattern of Internal bar. Down the price are not allowed and will be moving up to the level 0,6439, continuing the sideways trend. A little confused by a good margin buyers in the statistics transactions. But top quite a strong level, and typing some more shopping, maybe I will start a good movement down. The transaction is not considered, will wait the development of the situation.

Like this post? Please share to your friends:
Leave a Reply