Wait for a sell upon a clear break below this zone 1.1400-1.156820. | 17 September 2018

17 September 2018, EUR/USD

Wave Analysis

Recently EUR broke below a key support zone 1.14000-1.156820. After it failed to sustain this break, euro pulled back upwards and is now above 1.15682. since then the price has been rallying above the zone making several rebounds. On 9th of august the price tried to break below the same key zone but the move was countered with a major move to the upper side. This is a bullish dominance sign, nonetheless we still expect a continuation of the impulsive wave (c) in the long run. You could also wait for a breakout above 1.18 to pick an upward position towards 1.22.

Trade Recommendations

Wait for a sell upon a clear break below this zone 1.1400-1.156820.

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 .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus