We're short with an ultimate target at 1.0521. | 22 January 2019

22 January 2019, EUR/USD

Sell Euro now, and have your take profit at 1.0542.

Wave Analysis

Euro is currently trading around 1.1351. As we mentioned previous, as long as the price remains below 1.1451, we're within our sellers territory, we're waiting for a possible correction towards 1.1395 to pick a possible long term short position towards 1.0521. The anticipated bearish rally is the continuation of the impulsive wave v to the lowerside and should break below 1.1280 towards 1.0705, a break below this level will push the price further to the lowerside towards 1.0521 or even lower. Only a break above 1.1450 may invalidate the anticipated bearish price rally.

Trade Recommendations:

We're short with an ultimate target at 1.0521.

BECOME FRESHFOREX ANALYST!

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