Remain long towards 1.22. | 02 ديسمبر 2020
02 ديسمبر 2020, EUR/USD
Wave Analysis
After breaking above the zone 1.19364-1.19213, Euro pulled back to the same zone before heading to the upperside. As long as the price remains above this zone, we expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is the continuation of the impulsive wave (v) to the upperside and should break above 1.21380 towards 1.22 or even higher. If you are looking at this chart now, keep looking for long term buy positions expecting price to rise towards 1.22.
Trade Recommendations:
Remain long towards 1.22.
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.
