FOREX REPORT 20th November EUR/USD


Still favouring downside moves on Euro:- Even though there has been no confirming break of the Weekly 50% levels, the Drops in weekly timeframe suggest weakness.

Yesterday the trailing support broke, but tested the highs and now selling off.

Trailing stop is above the resistance line looking for a 90 pip move towards 1.4598 to partial exit and hopefully it can break those support levels (3-day lows and Weekly 50% levels)

90 pip move aligns with Support....