Wait | 04 Desember 2019

04 Desember 2019, EUR/USD

Wave Analysis

Nothing much happened on this pair during the previous trading day. Euro closed almost at the same price it opened last the same day. We are waiting for either a break above the previous day's highest high to pick a buy or a break below the previous day's lowest low to pick a long term sell orders towards 1.1020. As it is on the 15 minutes chart above, a clear breakout above the previous day's highest high will be a good confirmation that we are continuing to the upperside with an ultimate target at 1.1112.

Trade Recommendations:

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Bob Stan
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