We're sellers towards 1.17560

22 July 2021, EUR/USD

We're sellers towards 1.17560

Wave Analysis
During the previous trading day, Euro continued to the upperside but has just bounced off from the upper trendline, we expect this bounce to have marked an end to the forth corrective wave cycle that the current bearish price rally is the continuation of the last impulsive wave cycle and should see the price rally towards the lower trendline and may breakout below it. This view can only be invalidated in case the price breaks above the trendline, if this is the case, then further momentum to the upper trendline.
Trade Recommendations:
We're sellers towards 1.17560
Trading begins with planning the expected profit and developing a strategy that aims to help you achieve the desired result. The most effective technique is to use invest-portfolios that contain different trading instruments.
FreshForex gives traders a ready-to-use portfolio. The instruments are selected in such a way as to reduce overall risks and at the same time ensure a relatively high return.
This is the eighth portfolio developed by FreshForex specialists. Each of the previous seven portfolios showed positive results, with a total return of 87.1%.
It’s easy to get the portfolio:
1. Make a deposit of $80 or more until July 30.
2. Send a number of your trading account at school@freshforex.com.

Graham Osano
Agree with the review?
Traders' opinion:
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
We will be pleased to answer any questions you may have


Get bonus