Keep looking for long term buy positions towards 1.19660. | 26 October 2020

26 October 2020, EUR/USD

Keep looking for long term buy positions towards 1.19660.

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.

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