Sell a close below 1.20540 towards 1.19915. | 26 Januari 2021

Wave Analysis

Euro is currently within an expanding wedge formation. As long as the price remains below the upper trendline, we expect nothing but a possible momentum to the lowerside. The antiipated bearish price rally is the continuation of the impulsive wave (E) to the lowerside and should break below 1.211689 and may extend much lower with next ideal target set at 1.20540. If the price breaks below this target, then further momentum much lower is expected with the next ideal target set at 1.19670

Trade Recommendations:

Sell a close below 1.20540 towards 1.19915.

One of the highest demand products in FreshForex is invest-portfolios. Invest-portfolio is an optimal tool for both beginners and experienced traders due to its high efficiency and low work efforts.

This is the fifth portfolio developed by FreshForex specialists. In 2020, we proposed traders four investment portfolios, each of which demonstrated positive results. The total return was 71.5%. 2 steps to get the Invest-portfolio:

1. Fund your trading account with $50 or more from January 18 to 29, 2021.

2. Send a request to school@freshforex.com with your account number funded.