Sell the impuslive wave (v) towards 1.08230. | 14 Februari 2020
14 Februari 2020, EUR/USD
Wave Analysis
Just as previously forecasted, Euro continued to the lower side and is still pretty much bullish both on the daily and on the weekly charts. As long as the price remains below the level 1.08980, we expect nothing but a possible momentum to the lower side, the anticipated bearish price rally is the continuation of the impulsive waves (v) and (5) and should break below 1.08230. As it is on this chart, only sell positions looks ideal and can safely be recommended, therefore, only sell positions are recommended.
Trade Recommendations:
Sell the impulsive wave (v) towards 1.08230.
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.
