we're looking for long positions | 12 Septiembre 2018
12 Septiembre 2018, EUR/USD
Wave Analysis
During the previous trading day, nothing much happened on this pair, euro is still above the weekly support level 1.1418. As long as the price remains above this level, we expect a possible momentum to the upper side. The anticipated bullish price rally is the continuation of a corrective three wave cycle and should push the price upwards towards 1.25215. This view can only be invalidated in case the price breaks below 1.16. If this is the case, then we'll wait for another break below 1.14 to confirm a momentum towards 1.049.
Trade Recommendations:
we're looking for long positions
101% Double the volume
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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.
