Remain long | 01 سبتمبر 2020
01 سبتمبر 2020, EUR/USD
Wave Analysis
Yesterday, Euro continued to the upperside and is still pretty much bullish both on the daily and on the weekly charts. If you are looking at this chart, keep looking for low risk buy positions. The break above the upper trendline is a good sign that we are continuing to the upperside towards 1.215 and could breakout much higher. If you are on this chart now, look for low risk buy positions. A bounce from the upper trendline or a break below the lower trendline will be a good sell towards 1.16950.
Trade Recommendations:
Remain long
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.
