Wait | 03 Maret 2021
03 Maret 2021, EUR/USD
Wave Analysis
Earlier today, Euro rallied to the lower side and even attempted a break below the supportive level 1.20331. The price failed to sustain this break. Now that the price is above this level, we expect nothing but a possible correction to the upper side but should not go beyond 50.0% fib level. If the price breaks above the 50.0% fib level, then further momentum much higher is expected. On the flip side, only a clear breakout below 1.20331 will trigger a possible long-term sell position with an ultimate target set at 1.19572.
Trade Recommendations:
Wait
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.
