We're looking for low risk sell orders | 04 Junio 2019
04 Junio 2019, EUR/USD
Wave Analysis:
During the previous trading day, euro pulled back to the upperside but is still pretty much bullish both on the daily and the weekly charts. As we mentioned in our previous forecast, as long as the price is contained below the resistance cloud formation, we expect nothing but a possible momentum to the lowerside. The anticipated bearish price rally is the continuation of the impulsive wave (c) to the lowerside and should breakout below 1.10790 towards 1.054 or even lower towards 1.004.
Trade Recommendations:
We're looking for low risk sell orders
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.
