Remain short. | 20 Marzo 2020
20 Marzo 2020, EUR/USD
Wave Analysis
Yesterday, both the impulsive waves v and (c) continued to the lower side and even went below 1.07675. As long as the price remains below this level, we expect nothing but a possible momentum to the lower side, following the break below this level, Euro pulled back to the upper side but is now below 1.07675. While the price is held below this line, I expect nothing but a possible momentum much lower. The idea is to look for long term sell positions now with our targets set below 1.06.
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.
