Remain long towards 1.24910. | 10 July 2018

10 July 2018, EUR/USD

Remain long towards 1.24910.

Wave Analysis

Despite Mondays forecast that this pair could rally to the upper side from Monday, euro continues to correct itself to the lower side but is still above the weekly supportive zone 1.16067-1.14595. As long as this zone protects the lower side, we expect a possible impulsive wave count to the upper side and may breakout above 1.23210 but should not go beyond 1.24910. This view can only be invalidated in case the price breaks below 1.16067, and even then, we'll be waiting for another break below 1.14595 to confirm further rally to the lower side.

Trade Recommendations:

Remain long towards 1.24910.

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