We're long towards 1.15515.

07 November 2018, EUR/USD

We're long towards 1.15515.

Wave Analysis

Euro appears to be gaining a head of the US Midterm elections. Yesterday, we expected a bounce from the 1.14158-1.1495 to pick a long term short position, but as it is, euro rallied higher and even went above 1.14495, as long as the price remains above 1.14495, we expect further momentum to the upper side. The anticipated bullish price rally is the continuation of the impulsive wave c to the upper side and should break above 1.15515. Ideally, we expect the massive decline seen in October to be a mere correction and we could embark on a bullish price rally.

Trade Recommendations:

We're long towards 1.15515.

101% Double the volume

All bonus participates in drawdown!
More detailed

FreshForex cancels commissions!

Graham Osano
Agree with the review?
Traders' opinion:
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 .
© 2004—2019 FreshForex – Forex broker
manager photo manager photo
We will be pleased to answer any questions you may have



Get bonus