Buy both the impulsive waves (c) and (v) with your take profit at 1.1420. | 03 Januari 2020
03 Januari 2020, EUR/USD
Wave Analysis
Few days ago, Euro successfully went above 1.1182 and is still pretty much bullish. As long as the price remains above 1.1182, we expect a steep momentum to the upper side and should break above 1.1270. The anticipated bullish price rally is the continuation of the impulsive waves (v) and (c) and should break above 1.1270 towards 1.1420. This view can only be invalidated in case the price breaks below 1.1182, if this is the case, then a momentum to the lower side is expected towards 1.0985.
Trade Recommendations:
Buy both the impulsive waves (c) and (v) with your take profit at 1.1420.
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.
