Sell a breakout below 1.16780 towards 1.13980. | 31 Marzo 2021

31 Marzo 2021, EUR/USD

Look for a possible sell from 1.19065 towards 38.2.

Wave Analysis

During the previous trading day, Euro continued to the lower side and is currently approaching a significant support level 1.16780. While the price does not clear breakout below this level, this will be a good place to consider a possible long term sell position. The anticipated bearish price rally is the continuation of a corrective wave count and could push the price much lower with an ultimate target around 50.0% fib level and could push the price much lower towards 61.8% fib level and could continue lower.

Trade Recommendations:

Sell a breakout below 1.16780 towards 1.13980.

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.