Conservative traders should wait and buy a breakout above the upper trendline towards 1.2123. | 13 Septiembre 2021

13 Septiembre 2021, EUR/USD

Conservative traders should wait and buy a breakout above the upper trendline towards 1.2123.

Wave Analysis

After bouncing off from the upper trendline, Euro rallied slightly to the lowerside but is yet to hit our target set around 1.16610. If the price breaks below this level, then further momentum to the lowerside is expected. And on the flipside, should the price breakout above the upper trendline, then further ,momentum to the upper side is expected. As it is right now, we are looking for a possible long term buy position expecting the price to rally towards 1.2123.

Trade Recommendations:

Conservative traders should wait and buy a breakout above the upper trendline towards 1.2123.

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.
manager photo manager photo
Online-support
Nos complacerá contestar cualquier pregunta que pueda tener

Escribir

Get bonus