We're long towards 1.24350. | 06 July 2018

06 July 2018, EUR/USD

We're long towards 1.24350.

Wave Analysis

After bouncing from the weekly supportive zone 1.14595-1.16067, Euro has been in a constant up trend and is still pretty much bullish both on the daily and the weekly charts, as we mentioned previously, while the price is contained above this zone, we expect a possible momentum to the upper side. Ideally, we expect the rebound from this support zone to have marked the end of the corrective three wave cycle, that the current movements to the upper side is the unfolding of an impulsive wave to the upper side, but should not go beyond 1.24350.

Trade Recommendations:

We're long towards 1.24350.

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