Still buying euro | 04 Juli 2018
04 Juli 2018, EUR/USD
Wave Analysis
Despite Monday's forecast that this pair could continue to the upper side, euro is yet to make any significant moves to the upper side. This pair is still a buy especially while the price is above the weekly support zone 1.14595-1.16067. Unless there's a clear breakout below this level, we expect a possible rebound from it to pick a long position with an ultimate target at 1.23210. However should the price breakout below 1.16067, then we'll wait for price to break below 1.14595 to pick a low risk sell position towards 1.04745.
Trade Recommendation.
Still buying euro
101% Double the volume
!Attention!
All bonus participates in drawdown!
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.
