:Remain long towards 1.20915 | 15 March 2021

15 March 2021, EUR/USD

:Remain long towards 1.20915

Wave Analysis

Euro continues to the upperside after bouncing off from the lower supportive zone and is still pretty much bullish. While we continue to see price remain above this zone, then further momentum to the upper side is expected with an ultimate target along the upper trendline. On its way to the upper side, the key levels to look for include 1.20025, 1.20470, and 1.21360. And should the price break and close below 1.18543-1.18343, then this will be a good place to consider a possible long-term sell position towards 1.16243.

.Trade Recommendations

:Remain long towards 1.20915

Bob Stan
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