We're long from 1.14595. | 06 Agustus 2018
06 Agustus 2018, EUR/USD
Wave Analysis
Last week, instead of a rally to the upperside, Euro declined steeply and is still pretty much bearish both on the weekly and the monthly charts. This week and possibly during the coming week, we expect a possible steep decline towards the weekly support level 1.14595. You can still look for short positions now but have your take profit at 1.14595. If you're a bit skeptic with this position, you can wait for a rebound from 1.14595 to pick a long term long position with an ultimate target at 1.25090.
Trade Recommendations:
We're long from 1.14595.
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.
