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we're long as long as the price remains above 1.17339

we're long as long as the price remains above 1.17339 | 27 Septiembre 2018

27 Septiembre 2018, EUR/USD

we're long as long as the price remains above 1.17339

Wave Analysis

Instead of rally to the upperside, euro pulled back to the lowerside but is still being supported by the 4 hour support level 1.17339. As long as the price remains above this level, we expect nothing but a possible momentum to the upperside, with this upward position, we're eyeing a potential breakout above 1.17397. If this is the case, then an acceleration further upwards is expected. And on the lowerside, a breakout below 1.17339 will push the price to the lowerside with the next ideal target at 1.15188.

Trade Recommendations:

we're long as long as the price remains above 1.17339

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