Wait for a sell towards 1.08360. | 30 أبريل 2020
30 أبريل 2020, EUR/USD
Wave Analysis
Currently, Eurusd is bouncing off from the upper trendline, as long as the price is not able to clearly break and close above the upper trendline, we expect the current bounce from this trendline to be the end of the impulsive wave (E), that the current bearish price rally is the continuation of a corrective wave count and could push the price towards the lower trendline. A clear breakout and a close above the upper trendline will mean we are continuing to the upper side with an ultimate target around 1.09075.
Trade Recommendations:
Wait for a sell towards 1.08360.
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.
