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We're looking for a buy while the price is above 1.12471.

We're looking for a buy while the price is above 1.12471. | 28 March 2019

28 March 2019, EUR/USD

We're looking for a buy while the price is above 1.12471.

Wave Analysis

Euro is currently trading around 1.12521. This is a clear monthly support level and while the price is above it, we expect a possible momentum to the upperside. Following the previous week's pin bar, this pair has been on the bearish side. we expect this pair to continue to the lowerside but should not go below 1.12471 by the end of this month. Any clear close below 1.12471 will push the price even lower towards 1.07330. But while the price is above 1.12471, then I'll expect a possible rally towards 1.22033.

Trade Recommendations:

We're looking for a buy while the price is above 1.12471.

A lot of interesting information on the webinar!

Bob Stan
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