Expect further rally to the upper side. | 07 Junho 2017

07 Junho 2017, EUR/USD

Expect further rally to the upper side.
Wave Analysis:
For the past few days, this pair has been consolidating within a tight range; not going above 1.1280 or below 1.1233. As long as this pair remains within this range, we choose remain flat momentarily expecting a possible breakout above this zone to continue long with the last motive wave (v) towards 1.1398 and may extend further but should not go beyond 1.1718. Expect a similar wave count in AUDUSD, NZDUSD and GBPUSD. These pairs have a strong positive correlation of up to +74% and will move in the direction during this intraday.
Trade Recommendations:

Expect a possible break above 1.1280 to continue long with an ideal target at 1.1398.

FreshForex cancels commissions!

Bob Stan
Agree with the review?
Traders' opinion:
Close
Entrar
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.
manager photo manager photo
Online-support
Ficamos satisfeitos em responder quaisquer perguntas que você possa ter

Escrever

Get bonus