25 июля 2019, EUR/USD
Wave Analysis
During the previous trading day, euro made very little movements to our side but is still pretty much bearish both on the 4 hours and the daily charts, As long as the price remains within the declining channel formation and also below the level 1.15539, we expect a possible plunge further to the lowerside with the first ideal take profit at 1.11230, a break below this level will push the price further to the lowerside towards 1.10253. Conservative traders should wait for a retracement back towards 1.11539 to pick a long term sell.
Trade Recommendations:
We're looking for sell orders from 1.11539.
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