We're short as long as the price is below 1.12230. | 03 Abril 2019

03 Abril 2019, EUR/USD

We're short as long as the price is below 1.12230.

Wave Analysis

During the previous trading day, Euro barely moved our direction but is still below the monthly level 1.2230. As we mentioned in our previous forecast, we're still looking for possible long term sell orders especially while the price is below 1.2230. As it is on the monthly traders should look for long term sell orders. The best way is to wait for a possible correction towards 1.13690 to pick a low risk sell order towards 1.07330. If the Current week's candle can close below 1.12230, then this will be a confirmation that we're short towards 1.07330.

Trade Recommendations:

We're short as long as the price is below 1.12230.

A lot of interesting information on the webinar!

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.