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EURUSD. Buy now with your target at 1.14231.

EURUSD. Buy now with your target at 1.14231. | 15 July 2019

15 July 2019, EUR/USD

EURUSD. Buy now with your target at 1.14231.

Wave Analysis

Earlier today, Eurusd rose above the upper trendline and is still pretty much above this trendline. This is a good place to look for a buy, we expect the current bounce from this trendline to mark and end to the corrective wave (b), that any clear moves to the upperside will be the continuation of the impulsive wave (C) to the upperside and should breakout above the previous Thursdays highest high towards 1.14231 or even higher. This view can only be invalidated in case the price breaks below the supportive trendline.

Trade Recommendations:

Buy Eurusd now with your target at 1.14231.

Bob Stan
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