wait | 17 Marzo 2021
17 Marzo 2021, EUR/USD
Wave Analysis
Euro continues to remain above the zone 1.18543-1.18343. While the price remains above this zone, we are buyers, the idea is to wait for a pullback to the same zone to pick a possible long term buy poition towards the upper trendline. And in case the price breaks below 1.18343, then this will be a good place to consider a possible long term sell position towards 1.16242. A break below this level will push the price muchj lower with the next ideal target at 1.15755. Any clear break will mean we are continuing much lower but should not go below 1.14.
Trade Recommendations:
Wait
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.
