Wait | 21 نوفمبر 2019

21 نوفمبر 2019, EUR/USD

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Wave Analysis

Nothing much appears to be happening on this pair, The price is still stagnating around 1.1074. As along as there is no clear breakout above 1.1074, we choose to remain on the sidelines, our expectations is that the price should continue to the upper side after breaking above this level 1.1074. On the upper side, an ideal resistance level can be seen around 1.1170. And on the flip side, should the price successfully bounces off from 1.1074, then this will be an ideal place to pick a long term sell order with an ultimate target at 1.1005.

Trade Recommendations:

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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.
Bob Stan
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