We’re looking for a long position. | 10 September 2018
10 September 2018, EUR/USD
Wave Analysis:
After an attempt break below the supportive zone 1.1469-1.1602, euro is now above this zone, as long as the price is contained above this zone, we expect further momentum to the upperside. According to the daily chart above, we’re waiting for a clear sign that the corrective wave (b) is ended so that we buy the last impulsive wave (c) to the upperside with an ultimate target at 1.2225. And on the flip side, should the price break below 1.1602, then we’ll wait for another break below 1.1465 to confirm further move to the lowerside.
Trade Recommendation:
We’re looking for a long position.
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.
