We're long from 1.14595. | 06 August 2018

06 August 2018, EUR/USD

We're long from 1.14595.

Wave Analysis

Last week, instead of a rally to the upperside, Euro declined steeply and is still pretty much bearish both on the weekly and the monthly charts. This week and possibly during the coming week, we expect a possible steep decline towards the weekly support level 1.14595. You can still look for short positions now but have your take profit at 1.14595. If you're a bit skeptic with this position, you can wait for a rebound from 1.14595 to pick a long term long position with an ultimate target at 1.25090.

Trade Recommendations:

We're long from 1.14595.

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 .