EURUSD. We're looking for sell orders from 1.11539 | 25 Julio 2019
25 Julio 2019, EUR/USD
Wave Analysis
During the previous trading day, euro made very little movements to our side but is still pretty much bearish both on the 4 hours and the daily charts, As long as the price remains within the declining channel formation and also below the level 1.15539, we expect a possible plunge further to the lowerside with the first ideal take profit at 1.11230, a break below this level will push the price further to the lowerside towards 1.10253. Conservative traders should wait for a retracement back towards 1.11539 to pick a long term sell.
Trade Recommendations:
We're looking for sell orders from 1.11539.
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.
