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EUR/USD Technical Analysis - EUR/USD Trading: 2019-11-12
Improving ZEW indicator bullish for EURUSD
The ZEW Indicator of Economic Sentiment for Germany improved substantially in November compared with the previous month. Will the EURUSD rise?
On 1-hour timeframe EURUSD: H1 is in downtrend, below the 200-period moving average MA(200) which is falling. The RSI indicator is below 50 level but has not reached the oversold zone.
Technical Analysis Summary
Order | Sell |
Sell stop | Below 1.1017 |
Stop loss | Above 1.1037 |
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