Wait | 30 Januari 2019
30 Januari 2019, EUR/USD
Euro is currently trading with an increasing bullish bias momentum. As we mentioned previously, we expect further momentum to the upper side towards the upper Envelopes trend indicator. As long as the price remains below this trend indicator we expect a extension of the impulsive wave (v) to the lower side with an ultimate target at 1.10295. This view can only be invalidated in case the price breaks above this trend indicator. On its way downwards, the key lines to look for include 1.10295, 1.09070. A break below these levels will push the price even lower towards.
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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.
