Remain long towards 1.17. | 22 Julio 2020
22 Julio 2020, EUR/USD
Wave Analysis
During the previous trading day, Euro broke above the upper trendline and is still pretty much above this level. As long as the price remains above this trendline, we expect the impulsive wave (v) to continue to the upper side and should break above 1.162. On this chart, We expect further momentum to the upperside and should break above the level mentioned above towards the next level. As it is now, keep looking long term buy positions we recommend looking for long positions only.
Trade Recommendations:
Remain long towards 1.17.
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.
