Look for low risk buy positions. | 29 ديسمبر 2020
29 ديسمبر 2020, EUR/USD
Wave Analysis
In the recent past, euro bounced off from the supportive trendline, and is currently heading to the upper side. As long a the price remains above the alligator lines, we expect nothing but a possible momentum to the upper side. The anticipated bullish price rally is the continuation of the impulsive wave (v) to the upper side and should breakout beyond 1.22890, On this chart, a breakout above this level will push the price much higher with the next ideal target set at 1.235 and could breakout much higher.
Trade Recommendations:
Look for low risk buy positions.
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.
