Wait | 28 May 2021

28 May 2021, EUR/USD

Buy a rebound from the lower trendline towards 1.23380.

Wave Analysis

Yesterday, we saw further pullbacks to the lowerside but we're still around the same supportive trendline. If the price breaks below the lower trendline, then further momentum to the lowerside is expected with an ideal target set at 1.20380. This is the continuation of a corrective wave count and should first see price break below 1.21240, and the next target is set at 1.20380. On the flip side, a rebound from the same trendline will push the price to the upperside towards 1.23380.

Trade Recommendations:

Wait

This is the seventh portfolio developed by FreshForex specialists. Each of the previous six portfolios showed positive results, with a total return of 86.2%.

It’s easy to get the portfolio:

1. Make a deposit of $80 or more until May 30.

Bob Stan
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