EURUSD Elliot Waves Analysis For 1 June 2016 | 01 Tháng sáu 2016
01 Tháng sáu 2016, EUR/USD
Wave Analysis:
EUR/USD is currently trading with a slight bullish bias. Yesterday, the pair traded long, tested the resistant level 1.1166, but ended up closing below it. The current upward rally is a mere retracement and should not close above 1.1138. However, following the just witnessed break below 1.1138, we expect further movements to the lower side. In the meantime, we wait for a clear breakout below 1.11013 to confirm the continuation of the downward trend, or a clear rebound from this level (1.1103) will invalidate this view. This pair should be traded alongside NZD/USD, AUD/USD and GBP/USD. These pairs have a strong positive correlation and will have a similar price action during this intraday
Trade Recommendations:
Remain long but only up to 1.1138. Short positions are recommended upon a clear rebound from 1.1138 or on a breakout below 1.11013.
Trình duyệt của bạn không hỗ trợ cookie Nếu cookie đã bị vô hiệu trong trình duyệt Internet của bạn, bạn có thể gặp vấn đề với việc hiển thị Khu vực cá nhân. Cách bật hỗ trợ cookie .