Somos compradores hacia 1,20. | 31 August 2021

31 August 2021, EUR/USD

We're buying a break above the inner trendline towards the upper trendline.

Wave Analysis
During the previous day, Euro continued massively to the upperside and is still pretty much bullish both on the daily and on the weekly charts, we expect nothing but a possible momentum to the upperside, the anticipated bullish price rally is the continuation of an impulsive wave cycle and should see the price break beyond 1.1934 and may continue much higher with the next ideal target set around 1.200 and may breakout much higher.
Trade Recommendations:
We're buyers towards 1.20.
Bob Stan
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