18 июля 2019, EUR/USD
Wave Analysis
Yesterday, the cable pulled back to the upperside and even went above the upper trendline. This is a possible sign that we're heading to the upperside and as long as the price remains above this trendline, we expect nothing but a possible momentum to the upperside. The idea is to wait for retracements to the lowerside to pick low risk buy orders with an ideal target around 1.12463. A breakout above this target will mean we're continuing to the upperside with the next ideal target being 1.12760.
Trade Recommendations:
Look for buy orders towards 1.12465.
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