Buy a break above friday's highest high. | 07 اكتوبر 2019
07 اكتوبر 2019, EUR/USD
Wave Analysis
Nothing mush happened on this pair since the previous week on Friday. Euro is still within Friday''s highest high and Friday's lowest low. I'm waiting for a possible break above 1.10005 to pick a long term buy order or a break below 1.109108 to pick a long term sell order. The anticipated Bullish price rally is the continuation of the impulsive wave (V) and should proceed even higher towards 1.10210. A break above this level could mean we're continuing to the upperside with the next ideal target at 1.11.
Trade Recommendations:
Buy a break above Friday's highest high.
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.
