We're long towards 1.2444 | 07 June 2018

07 June 2018, EUR/USD

We're long towards 1.2444

Wave Analysis

Perfecty as we forecasted ealier this week. Euro has been rallying higher following last week's pin bar and is still pretty much bullish both on the weekly and the monthly charts. As long as the price remains above the zone 1.1502-1.1455, we expect a rally further to the upperside and may break above 1.2444. The anticipated bullish price rally should be a five wave cycle and if it can breakout above 1.2444, then we expect further momentum upwards but should not go beyond 1.4050 by the end of this year.

Trade Recommendation.

We're long with an ultimate target at 1.2444

101% Double the volume

!Attention!
All bonus participates in drawdown!
More detailed

FreshForex cancels commissions!

Bob Stan
Agree with the review?
Traders' opinion:
Close
ปูมบันทึกอยู่ใน
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 .