Keep looking for buy positions. | 07 يناير 2020
07 يناير 2020, EUR/USD
Wave Analysis
During the previous trading day, euro rallied to the upperside and even went above 1.1182. As long as the price remains above the level 1.1182, we expect further momentum to the upper side, we expect the bounce from 1.1130 to have marked an end to the corrective three wave cycle, that the currently bullish price rally is the continuation of the impulsive wave count and could push the price massively to the upper side towards 1.1250, a break above this level will push the price even higher.
Trade Recommendations:
Keep looking for buy positions.
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.
