We're still looking for long positions | 16 Juli 2018

16 Juli 2018, EUR/USD

We're still looking for long positions

Wave Analysis

Instead of rallying to the upperside, euro pulled back slightly but is still above the upper the weekly supportive zone 1.14595-1.16067. As long as the price remains above this zone, we expect a possible momentum to the upperside. Ideally, we expect the rebound from this zone to have marked and end to the previous corrective three wave cycle, that the current rally to the upperside is the unfolding of another impulsive wave to the upper side and may break above 1.23210. We may only consider short positions should the price break below 1.14595.

Trade Recommendations:

We're still looking for long position towards 1.23210.

Do you know against which currencies EUR is the most profitable?

We're still looking for long positions

More trading assets here...

Bob Stan
Setuju dengan review?
opini pedagang:
Close
Masuk
Browser Anda tidak mendukung kue. Jika cookie dinonaktifkan di browser Internet Anda, Anda mungkin memiliki masalah dengan render daerah Pribadi. Cara mengaktifkan dukungan cookie.