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Wait | 28 April 2020

28 April 2020, EUR/USD

Wave Analysis

Nothing much appears to be happening on this pair, we expected a possible momentum to the lowerside but nothing much appears to be happening, we still expect a possible momentum to the lowerside and should break below 1.07010 towards 1.05960. If you are on this chart, you could wait and pick a possible correction to the upperside but should not go beyond the upper trendline. You could wait for a rebound from then upper trendline to pick a low risk sell order with an ideal target at 1.05960.

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Bob Stan
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