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Euro to trade on the higher ranges

Euro to trade on the higher ranges | 07 September 2016

07 September 2016, EUR/USD

Euro to trade on the higher ranges

Wave Analysis:
Yesterday, instead of going short as previously forecasted, the pair traded long and is still pretty much bullish on the daily chart. During this intraday, we expect a possible bullish price rally towards 1.1283 or even higher to 1.1353. This upward rally is highly anticipated since the other positively correlated pairs such as AUD/USD and NZD/USD are very bulish and will likley trade on the higher ranges during this intarday. only buy or sell Euro if AUD and NZD are giving the same signal.

Trade Recommendations:

Expect a possible bullish price rally towards 1.1283 or even higher to 1.1353

Bob Stan
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