Look for long term buy positions towards the upper trendline. | 16 Maret 2021
16 Maret 2021, EUR/USD
Wave Analysis
During the previous trading day, Euro continued to the lowerside but is still above the zone 1.18543-1.18343. While we copntinue to see sustance above this zone, we remain on the sidelines, we are expect a perfect correction onwards 1.18543 to pick a possible long term buy position towards the upper trendline. A breakout abiove the uopper trendline will mean we are continuing to the upperside with an ultimate target at 1.23140. A breakout above this level will push price much higher with the next ideal target set at 1.24030.
Trade Recommendations:
Look for long term buy positions towards the upper trendline.
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.
