Look for sell orders towards 1.09835. | 12 September 2019

12 September 2019, EUR/USD

Look for sell orders towards 1.09835.

Wave Analysis

After a drastic decline seen during the previous trading day, euro is currently correcting itself to the upperside within a contracting wedge formation. This is a possible bearish continuation pattern, therefore, while the price does not go above 1.10330, we're expecting a possible sell towards 1.09925. This view can only be invalidated in case the price breaks above 1.10375, if this is the case, then further momentum towards 1.10555 or even higher is expected but should not go beyond 1.112.

Trade Recommendations:

Look for sell orders towards 1.09835.

TRADE METALS WITHOUT SWAPS!
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.