During the previous trading day, euro pulled back to the upperside and may continue to the upperside even during this trading day, However, on the monthly chart, we are still sellers which means the current bullish price rally on the daily chart is a corrective wave count and should not go beyond the monthly reistance zone marked above, on the otherside, if the price should break below tthe previous day's lowest low, then this will mean we are continuing short with the long term sell we identified on the monthly chart.
Trade Recommendations
We're temporarily upwards
Trading begins with planning the expected profit and developing a strategy that aims to help you achieve the desired result. The most effective technique is to use invest-portfolios that contain different trading instruments.
FreshForex gives traders a ready-to-use portfolio. The instruments are selected in such a way as to reduce overall risks and at the same time ensure a relatively high return.
This is the eighth portfolio developed by FreshForex specialists. Each of the previous seven portfolios showed positive results, with a total return of 87.1%.
It’s easy to get the portfolio:
1. Make a deposit of $80 or more until July 30.
2. Send a number of your trading account at school@freshforex.com.
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .