EURUSD Elliot Waves Analysis For 5 July 2016 | 05 Juli 2016

05 Juli 2016, EUR/USD

EURUSD Elliot Waves Analysis For 5 July 2016
Wave Analysis:
EUR/USD is currently trading with a sight bearish bias. Yesterday, the pair traded long as previously forecasted and is still pretty much bullish on the daily chart. During this intraday we expect further bullish price movements but only upon breaking above 1.1167. This pair should be traded alongside EUR/JPY, GBP/USD and NZD/USD. These pairs have a strong positive correlation of up top +0.92 and will have a similar price action during this intraday

Trade Recommendation:

Remain flat for now and wait for a breakout above 1.1167, then go long with an ideal target at 1.1276.

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.