02 августа 2019, EUR/USD
Wave Analysis
After a slight pullback to the upperside during this week, Euro spiked to the lowerside and is still very bearish both on the daily and the weekly charts. As long as the price remains below 1.11255, we expect nothing but a possible momentum to the lowerside. The anticipated bearish price rally is the continuation of the impulsive wave (v) and could breakout below 1.10210 further to the lowerside with the next ideal target being 1.10. The idea place to look for a sell is when price pulls back up towards 1.11105.
Trade Recommendations:
Sell this pair from 1.11105
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