10 Februari 2021, EUR/USD
Wave Analysis
During the previous trading day, Euro continued to the upperside and is still pretty much bullish both on the daily and on the weekly charts. As it is now, we are waiting for a breakout above the zone 1.21756-1.21561 to pick a possible low risk buy position towards 1.23280. The anticipated bullish price rally is the continuation of the impulsive wave (5) to the upperside and should breakout above 1.23950 towards 1.24. On the flipside, this view can only be invalidated in case the price breaks below 1.19930.
Trade Recommendations:
Remain long towards 1.23950.
One of the highest demand products in FreshForex is invest-portfolios. Invest-portfolio is an optimal tool for both beginners and experienced traders due to its high efficiency and low work efforts.
This is the fifth portfolio developed by FreshForex specialists. In 2020, we proposed traders four investment portfolios, each of which demonstrated positive results. The total return was 71.5%. 2 steps to get the Invest-portfolio:
1. Fund your trading account with $50 or more from February 1 to 26, 2021.
2. Send a request to [email protected] with your account number funded.