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Place buy a buy limit from 1.13478 towards 1.14379.

Place buy a buy limit from 1.13478 towards 1.14379. | 27 June 2019

27 June 2019, EUR/USD

Place buy a buy limit from 1.13478 towards 1.14379.

Wave Analysis

Euro is still above a key support level 1.13478. This is a key level and as long as the price remains above it, we expect nothing but a possible momentum to the upperside, the anticipated bullish price rally is the continuation of the impulsive wave (c) to the upperside and should breakout above this week's highest high towards 1.14379. The idea is to wait for a pullback towards 1.13478 to pick a low risk buy position. But should price breakout below 1.13478, then this will be a good place to look for a long term sell towards 1.12755.

Trade Recommendations:

Place buy a buy limit from 1.13478 towards 1.14379.

Bob Stan
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