Remain long towards 1.22100. | 04 Agosto 2020

04 Agosto 2020, EUR/USD

Remain long towards 1.22100.

Wave Analysis

During the previous trading day, Eurusd closed perfectly as a continuation candle. As long as the price remains above the Alligator indicator attached, we expect nothing but a possible momentum to the upper side, the anticipated bullish price rally is the continuation of the impulsive wave (E) to the upper side and should break above 1.2000 towards 1.21 or even higher. Selling or holding onto a sell position on this pair looks a bit risky and may not be recommended, unless the price breaks below 1.14483.

Trade Recommendations:

Remain long towards 1.22100.

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.