Wait for slight bullish pullbacks | 26 Abril 2018

26 Abril 2018, EUR/USD

Wave Analysis

In contrary to what we forecasted, the impulsive wave (c) went a bit lower than expected and is now rallying below the daily support level 1.21917. As long a the price remains below this level, we expect a possible extension of the impulsive wave (c) to the lower side but should not go beyond the next daily support level seen at 1.20304. If this support is broken, then expect further momentum to the lowerside with an ultimate target at 1.16670. Should the price get again above 1.21917, then expect further momentum to the upper side with a target at 1.25037.

Trade Recommendations

As long as the price is below 1.21917, expect a possible momentum to the lowerside towards towards 1.20304

FreshForex cancels commissions!

Bob Stan
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.