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We're still upwards

We're still upwards | 22 February 2019

22 February 2019, EUR/USD

We're still upwards

Wave Analysis

So far, nothing much happening on this pair, we took a buy from the weekly support level 1.1254 and is still holding, our expectations is that this pair should continue further even higher. The anticipated bullish price rally is the continuation of the last impulsive wave(c) to the upper side and should break above 1.13 towards 1.14. If this targets are breached, then further momentum even higher towards 1.50 is expected. As it is on the hourly chart, only buy positions looks ideal, but should price break below 1.1254, then we're short.

Trade Recommendations:

We're still upwards

Bob Stan
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