Sell Euro with an ideal take profit at 1.09075. | 02 April 2020
02 April 2020, EUR/USD
Wave Analysis
Euro is currently trading within a range not going above the upper trendline or below the supportive trend line. As long as the price remains within this wedge formation, we are waiting for a possible bounce from the upper trendline to pick a sell with an ideal take profit at 1.09075. If the price goes below this level, then further momentum to the lowerside is expected with an ultimate target around 1.08425. A break and a close above the upper trendline will mean we are looking for a possible buy order.
Trade Recommendations:
Sell Euro with an ideal take profit at 1.09075.
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.
