We are on the sidelines. | 18 Maret 2021
18 Maret 2021, EUR/USD
Wave Analysis
During the previous trading day, Euro moved slightly to the lowerside but is still above the two zones 1.18543-1.18342. While the price is sustained above this zone, we are waiting for a clear bounce from it to pick a possible long term buy position expecting the price to rally to the upperside with an ultimate target around the upper trendline. A breakout above the upper trendline will push the price to the upperside and should breakout above the upper trendljine towards 1.21215 towards 1.22580 or even higher.
Trade Recommendations:
We are on the sidelines.
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.
