Sell Euro with your take profit at 1.09160. | 23 سبتمبر 2019
23 سبتمبر 2019, EUR/USD
Wave Analysis
Perfectly as previously forecasted, Euro bounced off from the upper trendline and is still pretty much below this level. As long as the price is contained below this trendline, we expect nothing but a possible momentum to the lower side. The anticipated bearish price rally is the continuation of an impulsive wave count and should breakout below 1.09160 towards 1.08340 or even lower. This view can only be invalidated in case the price breaks above the upper trend-line, if this is the case, then a momentum towards 1.12450 is expected.
Trade Recommendations:
Sell Euro with your take profit at 1.09160.
TRADE METALS WITHOUT SWAPS!
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.
