EURUSD. As long as the price remains below 1.11539, we're looking for a sell. | 26 Juli 2019
26 Juli 2019, EUR/USD
Wave Analysis
Euro attempted a break above the level 1.11539 but ended up closing below it. As long as the price remains below this level, we expect nothing but a possible momentum to the lowerside. As it is on the hourly chart, if you're looking for a long term buy, the best place is to look for a breakout above 1.11519 to pick a long term buy with an ultimate target at 1.12105. In case the price breaks above this level, we expect nothing but a possible momentum even higher towards 1.12465.
Trade Recommendations:
As long as the price remains below 1.11539, we're looking for a sell.
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.
