Keep looking for long term buy positions towards 1.19660. | 26 اكتوبر 2020
26 اكتوبر 2020, EUR/USD
Wave Analysis
After breaking above the upper trendline, Euro is showing signs of sustaining this breakout. While the price is held above this trendline, we are looking for nothing but a possible momentum to the upperside with an ultimate target fixed around 1.19660. If you are looking at this chart now, keep looking for long term buy positions with an ultimate target fixed around 1.19660. And in case the price slips below 23.6% fib level, then we will be looking for long term sell positions with an ultimate target at 1.14840.
Trade Recommendations:
Keep looking for long term buy positions towards 1.19660.
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.
