Buy a rebound from 1.1459. | 08 Agustus 2018
08 Agustus 2018, EUR/USD
Wave Analysis
Instead of rallying to the lower side, euro has been correcting itself to the upper side, but is yet to reach the previous week's opening price. During this trading day and possibly in the next few days, we expect further correction to the upper side but should not go beyond 1.1659. If you're not already in a short position, you can wait and sell euro upon a rebound from 1.1659. With this short position, your take profit should be at 1.14593. If you're skeptic with this short position, you can wait and buy a rebound from 1.1459.
Trade Recommendation:
Buy a rebound from 1.1459.
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.
