We're looking for a rebuy from 1.1513 | 23 August 2018

23 August 2018, EUR/USD

We're looking for a rebuy from 1.1513

Wave Analysis

No significant move has been seen on this pair. The price is still above 1.1513 but no significant move. As long as the price remains above this level, we expect a possible momentum to the upper side. The anticipated bullish price rally is the continuation of a corrective three wave cycle and should break above 1.1815 but should not go above 1.2415. But should the price break below 1.1513, then we'll wait for another breakout below 1.1335 to pick a low risk short position with an ultimate target at 1.11.

Trade Recommendations:

We're looking for a rebuy from 1.1513

101% Double the volume

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Bob Stan
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