Buy the cable from 1.13479 towards 1.14379. | 26 Juni 2019

26 Juni 2019, EUR/USD

Buy the cable from 1.13479 towards 1.14379.

Wave Analysis

During the previous trading day, euro pulled back to the lowerside but failed to break below the level 1.13428. As long as the price remains above this level, we're looking for a long term buy order towards 1.14379, and should price breakout below 1.13470, then this will be an ideal place to look for a long term sell towards 1.11990. And in case of a break below this level, then further move even lower is expected. As it is, we recommend looking for a buy order have your stop loss below 1.13015, and take profit at 1.14379.

Trade Recommendations:

Buy the cable from 1.13479 towards 1.14379.

Bob Stan
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