Sell a rebound from the upper trendline towards 1.09220. | 20 سبتمبر 2019
20 سبتمبر 2019, EUR/USD
Wave Analysis
During the previous trading day, Euro failed to continue to the lowerside and instead is continuing to consolidate below the upper trendline. As long as this trendline is not violated to the upperside with an big green candle, We're patiently waiting for a clear sell signal to pick a low risk sell order towards 1.06810. This view can only be invalidated in case the price breaks above the upper trendline, if this is the case, then we'll expect further momentum even higher with the next ideal take profit at 1.12430.
Trade Recommendations:
Sell a rebound from the upper trendline towards 1.09220.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
