Wait for a possible sell from around 38.2% fib level with an ultimate target at 1.16242. | 07 April 2021

07 April 2021, EUR/USD

Wave Analysis

During the previous trading day, Euro pulled back upwards and is currently above the 23.6% fib level. As it is now. we are expecting further momentum to the upper side towards 38.2% fib level and may breakout even higher towards 50.0% fib level. On the flip side, a rebound from 1.19410 may attract a possible sell position or if the price breaks below 1.18343, then this will be a good place to consider a possible long term sell position expecting the price to continue much lower with an ultimate target set at 1.16242.

Trade Recommendations:

Wait for a possible sell from around 38.2% fib level with an ultimate target at 1.16242.

One of the highest demand products in FreshForex is invest-portfolios. Invest-portfolio is an optimal tool for both beginners and experienced traders due to its high efficiency and low work efforts. This is the sixth portfolio already, developed by FreshForex specialists. Over the last year, we offered five investment portfolios to traders. Each of them showed a positive result.

The total return was 79.2%.

2 steps to get the Invest-portfolio:

1. Fund your trading account with $70 or more from 2 to 30 April, 2021.

2. Send a request to school@freshforex.com with your account number funded.

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