Buy euro around 1.1502 | 05 June 2018
05 June 2018, EUR/USD
Wave Analysis
After an attempt rise earlier this week, euro is currently pulling back to the lower side. The previous week's candle is a perfect bullish pin bar candle, and it means the price could rise eventually. Thus, instead of looking for a short position, we expect a possible rally towards 1.11602-1.1455, where we'll be looking for a clear long term buy position with our target at 1.2444. Should the price go below 1.1502, then we'll wait for another break below 1.1455 to confirm a possible rally towards 1.04385.
Trade Recommednation.
Buy euro around 1.1502 and have your target at 1.2444.
101% Double the volume
!Attention!
All bonus participates in drawdown!
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.
