While the price is held above 23.6% fib level look for buy position. | 07 Julio 2020

07 Julio 2020, EUR/USD

Wave Analysis

Euro established a swing high around 1.14290, we expected a possible bearish correction towards 50.0 % fib level but the price bounced off from around 1.11800. As long as the price remains above this level, I expect a possible momentum towards the swing high and could breakout to the upper side. This should be the continuation of the last impulsive wave (V) and may end up breaking above 1.14290 towards 1.156 or even higher. If you are on this chart now, look for buy positions.

Trade Recommendations.

While the price is held above 23.6% fib level look for buy position.

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