Remain long | 08 Julio 2020
08 Julio 2020, EUR/USD
Wave Analysis
Just as previously anticipated, euro sustained the breakout above the upper trendline and is still pretty much bullish both on the daily and on the weekly charts, as mentioned earlier this week, this pair is upwards, and chances of price rising beyond the end of the impulsive wave (v) are very high, this, as it now, we recommend blooking for long term but orders. As it is on this chart, sell positions looks risky and may not be recommend. But should the price break and close below the trend line at the bottom, then we may consider a possible short position.
TradeRecommendationsRemain long on this chsrt
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.
