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EURUSD. Buyers still in control

EURUSD. Buyers still in control | 25 June 2019

25 June 2019, EUR/USD

EURUSD. Buyers still in control

Wave Analysis

During the previous trading day, euro continued to the upperside and is still pretty much bullish on the daily chart. According to the 4 hour chart attached, we expect a possible surge to the upperside and should head straight towards 1.14379 or even higher. The anticipated bullish price rally is the continuation of the impulsive wave (c) to the upperside and should breakout above 1.14339 towards 1.15735 or even higher. On the flip-side, only a breakout below 1.13478 will trigger a sell towards 1.12065.

Trade Recommendations:

Buy Euro towards 1.14379.

Bob Stan
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