Remain short with your first take profit at 1.05960. | 20 أبريل 2020
20 أبريل 2020, EUR/USD
Wave Analysis
Euro continues to correct it self to the lower side perfectly in line with the previous day's forecast, we expect further correction to the lower side and should break below 1.07070 towards 1.05960. The anticipated bearish price rally is the continuation of the last impulsive wave (v) to the lower side and may ultimate descend below 1.05960 with the next ideal target being 1.04. At this point, only sell positions looks ideal and can be recommended, buy positions looks risky and may not be recommended.
Trade Recommended
Remain short with your first take profit at 1.05960.
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.
