Buy Euro towards 1.10810. | 06 Septiembre 2019

06 Septiembre 2019, EUR/USD

Buy Euro towards 1.10810.

Wave Analysis

During the previous trading day, Euro rose as high as 1.10900 but ended up closing around 1.10370. We expect the bounce from 1.10260 to have marked an end to the corrective wave (iv) that the current bullish price rally is the continuation of the impulsive wave (v) and should continue massively to the upperside towards 1.10810. A break above this level will push the price even higher with the next ideal target at 1.20 or even higher. This view will only be invalidated in case the price breaks below the previous day's lowest low.

Trade Recommendations:

Buy Euro towards 1.10810.

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.
manager photo manager photo
Online-support
Nos complacerá contestar cualquier pregunta que pueda tener

Escribir

Get bonus