Remain long towards 1.245. | 30 December 2020

30 December 2020, EUR/USD

Remain long towards 1.245.

Wave Analysis

Euro is currently in an active up trend. As long as the price remains above the upper trendline, we expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is the continuation of the impulsive wave (v) to the upperside and should breakout beyond 1.23110 towards 1.24 or even higher. If you are looking at this chart, we are in an active up trend, the ideal is to keep looking for more long term positions expecting price to continue upwards towards 1.24 or even higher.

Trade Recommendations:

Remain long towards 1.245.

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