Euro to trade on the higher ranges | 07 September 2016
07 September 2016, EUR/USD
Wave Analysis:
Yesterday, instead of going short as previously forecasted, the pair traded long and is still pretty much bullish on the daily chart. During this intraday, we expect a possible bullish price rally towards 1.1283 or even higher to 1.1353. This upward rally is highly anticipated since the other positively correlated pairs such as AUD/USD and NZD/USD are very bulish and will likley trade on the higher ranges during this intarday. only buy or sell Euro if AUD and NZD are giving the same signal.
Trade Recommendations:
Expect a possible bullish price rally towards 1.1283 or even higher to 1.1353
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.
