Expect a rebound from 1.1862 | 24 11月 2017

24 11月 2017, EUR/USD

Expect a rebound from 1.1862

Wave Analysis:

During the previous trading day, euro rose just a few pips to the upper side but is still below the daily resistance level 1.1862, we expect this level to have marked the end of this correction, that any moment from now, we expect a rebound from 1.1862 to short the impulsive wave (c) with the first target at 1.1655 and the next target at 1.1120. This view can only be invalidated in case the corrective wave (b) extend higher above 1.1862, this being the case, we expect further rise upwards. This pair should be traded alongside GBPUSD< GBPCAD< EURHKD and NZDUSD. These pairs have a strong positive correlation and will move in the same direction during this intraday.

Trade Recommendations:

Expect a rebound from 1.1862 to short the impulsive wave (c) with targets at 1.1655 and the next target at 1.1120

FreshForex cancels commissions!

Bob Stan
同意该评论吗?
交易员的评论:
Close
授权
您浏览器禁用cookie 文件. 在此情况下, 私人空间显示不正常. 如何启动cookie 文件的支持.
manager photo manager photo
Online-support
我们很高兴回答您的问题

提交申请

Get bonus