Look for a possible sell from 1.19065 towards 38.2. | 30 Maret 2021

30 Maret 2021, EUR/USD

Look for a possible sell from 1.19065 towards 38.2.

Wave Analysis

Euro continues to rally below 1.19065-1.18612. While we continue to see sustainance velow thie zone, we are looking for long term sell positions expecting price to break below 38.2% fib level and should push the price much lower towards 50.0% fib level or even lower towards 50.0% fib. On the flipside, should the price break above 23.6%, then we will be looking for possible long term buy position expecting price to breakout above 1.22823 and may continue much higher towards 1.2780.

Trade Recommendations:

Look for a possible sell from 1.19065 towards 38.2.


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.
Bob Stan
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