We're looking for a buy while the price is above 1.12471. | 28 Maret 2019
28 Maret 2019, EUR/USD
Wave Analysis
Euro is currently trading around 1.12521. This is a clear monthly support level and while the price is above it, we expect a possible momentum to the upperside. Following the previous week's pin bar, this pair has been on the bearish side. we expect this pair to continue to the lowerside but should not go below 1.12471 by the end of this month. Any clear close below 1.12471 will push the price even lower towards 1.07330. But while the price is above 1.12471, then I'll expect a possible rally towards 1.22033.
Trade Recommendations:
We're looking for a buy while the price is above 1.12471.
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.
