19 Juli 2021, EUR/USD
Wave Analysis
Currently, Euro is rallying within a falling channel formation. As long as the price remains below the upper trendline, we are looking for a possible to the lowerside towards the lower trendline. The anticipated bearish price rally is the continuation of the last impulsive wave (5) to the lowerside and should breakout below 1.17490 towards 1.16 and may extend much lower. On the flipside, if the price breaks above the upper trendline, then this will be the ideal place to consider a possible long term buy position towards 1.19510.
Trade Recommendations:
We're still sellers towards 1.1619.
Trading begins with planning the expected profit and developing a strategy that aims to help you achieve the desired result. The most effective technique is to use invest-portfolios that contain different trading instruments.
FreshForex gives traders a ready-to-use portfolio. The instruments are selected in such a way as to reduce overall risks and at the same time ensure a relatively high return.
This is the eighth portfolio developed by FreshForex specialists. Each of the previous seven portfolios showed positive results, with a total return of 87.1%.
It’s easy to get the portfolio:
1. Make a deposit of $80 or more until July 30.
en 
cn 
ar 
ru 
vn 
es 
pt 
th 
kz 
ua 
tj 
uz 
az 
ms 
