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We're short towards 1.041

We're short towards 1.041 | 26 Abril 2019

26 Abril 2019, EUR/USD

We're short towards 1.04954.

Wave Analysis

Euro continues to decline perfectly as previously forecasted. As long as the price is below the previous day's opening price, we expect further steep decline towards the next level, shown above. The ideal is to keep waiting for retracem,ent to pick a low risk sell order with an ultimate target at 1.043. If you're a bit skeptic to pick a sell order now, you may want to wait for a retracement towards 1.1191 to pick a low risk sell with an ultimate target around 1.04. The price should first break below 1.097 before a move even lower is seen.

Trade Recommendations:

We're short towards 1.041

Trade CFD on NYSE, MOEX and NASDAQ corporate stocks without swap.

Bob Stan
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