11 December 2019, EUR/USD
Wave Analysis
After an impulsive wave count to the lower side, euro could not break below 1.0920. Rather, the pair bounced off from this level and is currently heading to the upper side, we expect the bounce to mark an end to this impulsive wave count, that the current bullish price rally is the continuation of a corrective three wave cycle and could see the price break above the upper trendline. Currently, we expect the impulsive wave (c) to continue to the upper side but should not break above the upper trend line.
Trade Recommendations:
Wait
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