Remain long with your first target around 1.12075 and the next target at 1.14700. | 15 April 2020
15 April 2020, EUR/USD
Wave Analysis
Euro continues to move to the upper side, perfectly in line with the previous day's forecast, we expect further momentum to the upper side and should break above 1.10745 towards 1.12075. The anticipated bullish price rally is the continuation of an impulsive wave count and could see price surge much higher. On the flip side, only a clear break below this year's lowest low will trigger a sell. As this point, only buy positions looks ideal and can be recommended with an ultimate target around 1.14700.
Trade Recommendations:
Remain long with your first target around 1.12075 and the next target at 1.14700.
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.
