We're looking for a sell position now towards 1.0521. | 09 January 2019

09 January 2019, EUR/USD

Sell Euro now, and have your take profit at 1.0542.

Wave Analysis

Euro is currently trading around 1.1457. Just as we mentioned in our previous forecasts, as long as the price remains below the zone indicated above, 1.1489-1.1.1395, we expect a possible plunge towards 1.1200. If you're looking forward to trading this pair, then you should look for a sell position now, still have your stoploss fixed above last week's highest high, and take profit should be at 1.05. The anticipated bearish price rally is just the continuation of the impulsive wave v and should go beyond 1.0950 towards 1.0521.

Trade Recomendation:

We're looking for a sell position now towards 1.0521.

Be the first to get $5 for participation in the webinar 8.30 GMT!

BECOME FRESHFOREX ANALYST!

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