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May 19, 2019 2:04 PM

EURUSD weekly analysis (19May2019) Short

Euro Fx/U.S. DollarFXCM

Description

To trade W1 subwave we need to wait retest of 1.1400-1.1600 DMR. Thus, no active trades at time-frame. At D1 chart wait price consolidation above 1.1200-1.1250 DMR to trade the subwave in long with targets at 1.1400-1.1600. H4 subwave is out of trading as well. All intensive trades are realized at lower levels subwaves. I expect further decline below 1.1100, but after that reversal is highly probable.


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