Buy Euro towards 1.1528. | 23 November 2018

23 November 2018, EUR/USD

Buy Euro towards 1.1528.

Wave Analysis

During the previous trading day, euro pulled back upwards but is still below 1.1528, As we mentioned during the previous trading day, as long as the price remains below 1.1528, we expect nothing but a possible momentum to the lower side. According to the daily chart above, we expect a stretch to the upperside towards 1.1528, where we'll be looking for a long term sell towards 1.1218, and on the flip side should the price break above 1.1528, then this will be an ideal place to look for a long position towards 1.1775.

Trade Recommendations:

Buy Euro towards 1.1528.

101% Double the volume

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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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