Sell Euro towards 1.09330. | 21 يناير 2020
21 يناير 2020, EUR/USD
Wave Analysis
Yesterday, Euro closed as an opposite pin bar, the trend is overall downwards but we saw a bullish pin bar, this is not a sign that we are heading to the upper side, as long as the price is held below the upper trendline, we expect nothing but a possible momentum to the lower side., The anticipated bearish price rally is the continuation of an impulsive wave count and could see price break below 1.1000 towards 1.09330 or even lower to 1.08654. This view can only be invalidated in case the price breaks and closes above the upper trend line.
Trade Recommendations:
Sell Euro towards 1.09330.
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.
