Wait | 10 Januari 2019
10 Januari 2019, EUR/USD
Wave Analysis
Euro continues to correct itself to the upperside and is currently trading around 1.1554. This is a possible bullish sign and should the price close above 1.1450 by the end of this week, we expect nothing but a possible momentum to the upperside, we may look for a possible buy towards the upper trendline. And on the flip side, should the price close 1.1450 by the end of this week, then this will be an ideal place to look for a sell position. This sell position will be the continuation of the impulsive wave v to the lowerside and should head towards 1.0521.
Trade Recommendations:
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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.
