Look for sell positions towards 1.16249. | 19 اكتوبر 2020
19 اكتوبر 2020, EUR/USD
Wave Analysis
After establishing a swing high around 1.18200. Euro rallied to the lowerside but could not go below 1.16249. As it is now, we are expecting a possible breakout below this level to push the price further to the lowerside with an ultimate target set around 1.14535. And on the flipside, should the price breakout above the swing high, then further momentum to the upperside will be expected towards 1.19590. A breakout above this level will push the price much higher with an ultimate target at 1.20100.
Trade Recommendations:
Look for sell positions towards 1.16249.
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.
