Wait | 13 Marzo 2020
13 Marzo 2020, EUR/USD
Wave Analysis
Yesterday, we saw a 50% fib retracement when euro dropped but failed to close below 1.10797. As it is now, unless the price breaks below the previous day's lowest low, we're remaining flat, but in case the price goes below 1.10797, then this will give us a good place to consider a possible long term sell order towards 1.10148, a break below this level will push the price to the lowerside towards 1.10148. A break and a close above the previous day's highest high will mean we are possibly heading to the upperside.
Trade Recommendation:
Wait
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.
