We're looking for a long position

10 October 2018, EUR/USD

We're looking for a long position

Wave Analysis

Earlier today, Euro traded intensely to the upperside following the bullish pin bar seen during the previous trading day, As long as the price is above 1.1455, we still expect a possible momentum to the upperside with an ultimate target at 1.2500. With this upward position, we're expecting a break above 1.1795 to confirm further momentum to the upperside and stated above. And on the bears side, in case of a break below 1.1455, then this will be a good place to look for a good sell position towards 1.0508.

Trade Recommendations:

We're looking for a long position

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Graham Osano
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