Buy Euro towards 1.1090. | 02 ديسمبر 2019
02 ديسمبر 2019, EUR/USD
Wave Analysis
During the last trading day, Euro established a support around 1.0980 and could not close any lower. After a bounce from this level, euro rallied to the upper side but is currently approaching a key resistance level 1.1030. We're expecting a possible breakout above this level to confirm that we're continuing to the upperside with an ultimate target at 1.1090. And on the flip side, should the price rally to the lowerside, then only a breakout below the Friday's lowest low will mean we're continuing to the lowerside.
Trade Recommendations:
Buy Euro towards 1.1090.
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.
