EUR/USD analysis for November 14, 2018 - ConsultFX

EUR/USD analysis for November 14, 2018

analytics5bebf3192913f.png

Recently, the EUR/USD pair has been trading sideways at the price of 1.1269. Anyway, according to the H1 time – frame, I found a breakout of the intraday bearish flag in the background, which is a sign that sellers are in control. The short – term trend is bearish and my advice is to go with the trend. Watch for selling opportunities. The downward target is set at the price of 1.1215.

The material has been provided by InstaForex Company - www.instaforex.com