Sell Euro with your take profit fixed around 1.0880. | 19 ديسمبر 2019
19 ديسمبر 2019, EUR/USD
Wave Analysis
The Impulsive wave (c) bounced off from the upper trend line and is currently heading to the lower side. As long as the price remains below this trend line, we expect nothing but a possible momentum to the lower side. The anticipated bearish price rally is the continuation of the impulsive wave count to the lower side and should break below 1.0880 towards 1.0805. This view can only be invalidated in case the price breaks above the upper trend line, then we expect further momentum to the upper side.
Trade Recommendations:
Sell Euro with your take profit fixed around 1.0880.
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.
