Bullish pin bar | 31 Mei 2017
31 Mei 2017, EUR/USD
Wave Analysis:
Yesterday, this pair opened at 1.1166, went as low as 1.1109 but ended up closing at 1.1185, just a few pips above its opening price. The previous day's candle is a perfect bullish pin bar above a short term key level 1.1103. As long as this level is not violated to the lower side, we expect a possible bullish price movements towards 1.1398. This pair should be traded alongside GBPUSD and NZDUSD. These pairs will have a similar price action during this intraday.Expect a possible bullish price movements towards 1.1396
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.
