Remain short | 19 Marzo 2020
19 Marzo 2020, EUR/USD
Wave Analysis
During the previous trading day, euro continued massively to the lowerside and is still pretty much bearish both on the daily and on the weekly charts. As long as the price is held below the alligator trend indicator attached, we expect nothing but a possible momentum to the lowerside, the anticipated bearish price rally is the continuation of both the impulsive waves v and (c) and should break below 1.08095 towards 1.07850 or even lower. If you are looking at this chart now, keep looking for sell orders.
Trade Recommendations:
Remain short
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.
