06 апреля 2020, EUR/USD
Wave Analysis
The overall trend on this pair is down wards. While the price is kept below the upper trend line, we expect a possible surge to the lower side and should break below 1.07070. If you are looking at this chart now, I recommend looking for long term sell orders. The anticipated bearish price rally is the continuation of the impulsive wave (v) and should break below 1.05960 towards 1.04 or even lower. This view will only be invalidated in case the price breaks above 1.14930, if this is the case, then further momentum to the upper side is expected.
Trade Recommendations:
We're sellers.
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