We're looking for sell orders towards 1.11055. | 19 June 2019

19 June 2019, EUR/USD

We're looking for sell orders towards 1.11055.

Wave Analysis

Yesterday, euro continued slightly to the lowerside and is still pretty much bearish both on the daily and the weekly charts. As we mentioned in our previous forecasts, while price is below the upper trendline and also below 1.12630, we're looking for long term sell orders towards 1.11055. Any clear breach below this level will mean we're pushing the price even further to the lowerside with the next ideal target being at 1.10. The anticipated bearish price rally is the unfolding of an impulsive wave count and should see the current impulsive wave 3 break below 1.11055 further to the lowerside.

Trade Recommendations:

We're looking for sell orders towards 1.11055.

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