We're still long towards 1.23035. | 17 Agosto 2021
17 Agosto 2021, EUR/USD
Wave Analysis
So far, Euro continues to rally above the upper trendline, While we continue to see sustenance above this trendline, we expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is the continuation of the a corrective wave count and should not go beyond 1.23035. If the price breaks and closes above this level, then further momentum to the upperside is expected with the next ideal target set at 1.32110.
Trade Recommendations:
We're still long towards 1.23035.
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.
