Sell a break below 1.07775. | 25 فبراير 2020
25 فبراير 2020, EUR/USD
Wave Analysis
Yesterday, Euro continued to the upper side but could not break above 1.08718, we expect yesterday's bounce from 1.08718 to have marked and end to the correction of both the impulsive waves (v) and (5) and hence the continuation of both the impulsive waves. On this chart, we expect further momentum to the lower side especially if the price can break below 1.07775, if this is the case, then further momentum to the lower side is expected with an ultimate target around 1.0645 and could breakout much lower.
Trade Recommendations:
Sell a break below 1.07775.
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.
