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We're long from 1.1486.

We're long from 1.1486. | 17 October 2018

17 October 2018, EUR/USD

Wave Analysis

The previous day's candle was a perfect bearish pin bar candle. While the price is below the previous day's opening price, we expect nothing but a possible momentum to the lower side. To the lower side, the key level to look for a possible bounce is from 1.1486, if this level is broken, then further momentum towards 1.0466 or even lower is expected. You may wait for a possible buy from 1.1486, or a break above 1.1750 may attract a long term long position with an ultimate target at 1.2400.

Trade Recommendations:

We're long from 1.1486.

101% Double the volume

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