Wait | 18 نوفمبر 2020
18 نوفمبر 2020, EUR/USD
Wave Analysis
Yesterday, Euro failed to to breakout above 1.19334-1.18875. As long as the price remains below this zone, we are on the sidelines, we are basically waiting for a clear rebound from this zone to pick a possible long term sell position with an ultimate target set around 1.16490. In case the price breaks and closes above this zone especially above 1.19334, then this will be a good place to consider a possible long term buy position with an ultimate target set around 1.2012 and could breakout much higher.
Trade Recommendations:
Wait
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.
