Remain long towards 1.245. | 30 Desember 2020

30 Desember 2020, EUR/USD

Remain long towards 1.245.

Wave Analysis

Euro is currently in an active up trend. As long as the price remains above the upper trendline, we expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is the continuation of the impulsive wave (v) to the upperside and should breakout beyond 1.23110 towards 1.24 or even higher. If you are looking at this chart, we are in an active up trend, the ideal is to keep looking for more long term positions expecting price to continue upwards towards 1.24 or even higher.

Trade Recommendations:

Remain long towards 1.245.

Bob Stan
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