Wait for a buy from around 1.37478-1.37347 towards 1.39540. | 18 Febrero 2021

Wave Analysis

On this chart, we are on the sidelines, our expectations is that the price should continue to the lowerside but should not go beyond the zone 1.37478-1.37347. If the price rebound from this zone, then this will be a good place to consider a possible long term buy position. A break below this zone, may push the price much lower with the next ideal target set around 1.36480, a break below this level will push the price to the lowerside with the next ideal target set at 1.35445 towards 1.34.

Trade Recommendations:

Wait for a buy from around 1.37478-1.37347 towards 1.39540.

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