Remain short with your target at 1.08095. | 18 Marzo 2020
18 Marzo 2020, EUR/USD
Wave Analysis
Euro is currently in an active down trend. The corrective three wave cycle went much lower than expected and even went below 1.09280. As long as the price remains below this level, we expect nothing but a possible momentum to the lower side. While the price is held below the alligator indicator, I expect nothing but a possible momentum to the lower side. The anticipated bearish price rally is the continuation of both the impulsive waves (v) and (c) and should break below 1.08095.
Trade Recommendations:
Remain short with your target at 1.08095.
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.
