Wait | 24 February 2020

24 February 2020, EUR/USD

Wave Analysis

After the impulsive wave (v) and (5) bounced off from the level 1.07775 and is currently heading to the upper side, w expect the current bullish price rally to be the unfolding of a corrective wave count and could see the price break above 1.08780. A break above this level will push the price to the upper side and should break above 1.0915 towards 1.09785. This view can only be invalidated in case the price breaks and closes below 1.07775, if this is the case, then further momentum to the lower side is expected.

Trade Recommendations:

Wait

Bob Stan
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus