we're long | 07 Septiembre 2018
07 Septiembre 2018, EUR/USD
Wave Analysis
After an attempt decline below the supportive zone 1.14719-1.16055, Euro pulled back upwards and is now above the same zone. As we said during the previous trading day, as long as the price remains above this zone, we expect a possible ascend towards 1.25830 and could breakout even higher. However, on the contrary, should the price break below 1.16055, then we'll expect a possible momentum to the lowerside with an ultimate target at 1.0477. A break below this level may push the price further to the lowerside.
Trade Recommendation
we're long
101% Double the volume
!Attention!
All bonus participates in drawdown!
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.
