Look for sell orders | 07 Junio 2019
07 Junio 2019, EUR/USD
Wave Analysis
The cable is currently trading with an increasing bearish bias momentum. As we said previously, as long as the price remains below the upper trendline, we expect nothing but a possible momentum to the upperside. The anticipated bearish price rally is the continuation of an impulsive wave count and should breakout below 1.10810 towards 1.05 or even lower. The idea is to wait for retracements back to the upperside to pick low risk sell orders with an ultimate target at 1.05.
Trade Recommendations
Look for 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.
