We're still long | 08 June 2018

08 June 2018, EUR/USD

We're still long

Wave Analysis

During the previous trading day, euro pulled back slightly to the lower side but is still pretty much bullish on the weekly charts. As we said previously, as long as the price remains above the zone 1.1502-1.1455, we expect a possible rally to the upper side. The anticipated bullish price rally is the continuation of the impulsive wave count but should not break above 1.2444. If you're not already in a long position, you could wait for a slight pullback to the lower side to pick a low risk long position, but have your first take profit at 1.2000, and the next target at 1.2444.

Trade Recommendations:

We're still long towards 1.2444

101% Double the volume

!Attention!
All bonus participates in drawdown!
More detailed

FreshForex cancels commissions!

Bob Stan
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus