we're long above 1.1659. | 28 Agustus 2018
28 Agustus 2018, EUR/USD
Wave Analysis
Euro is currently in an active uptrend. Following the break above 1.1659, we expect further movements to the upper side, the anticipated bullish price rally is the unfolding of another impulsive five wave cycle and should break above 1.2460 but should not go higher than 1.3395. If you're not long already, you could wait for another correction towards 1.1659 to pick this upward position. This view can only be invalidated in case the price break again below 1.1460, this being the case, we'll expect a momentum towards 1.0424.
Trade Recommendations:
we're long above 1.1659.
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.
