06 Agustus 2019, EUR/USD
Wave Analysis
EURUSD is currently trading with an increasing bullish bias momentum. While the price is contained above the three simple moving averages, we expect a possible momentum to the upperside. This pair is still very bullish and chances of continuing to the upperside are very high. Therefore, I recommend looking for long term buy orders at least until the end of this week, should price close below the last slow moving average, then I'll expect a massive decline towards 1.10355.
Trade Signal.
Rebuy Eurusd from 1.11830 towards 1.12505.