Expect a possible bullish correction towards 1.1030. | 28 11月 2019

28 11月 2019, EUR/USD

Wave Analysis

The close of the previous trading day saw euro decline massively but could not go beyond 1.0990. We expect the bounce from around 1.0999 to have marked an end to the previous impulsive five wave cycle that the current bullish price rally is the continuation of a corrective wave cycle and could see the price rise eve higher but should not go beyond 1.1030. This view can only be invalidated in case the price rally to the lowerside and breaks below the previous day's lowest low, if this the case, then a momentum to the lowerside is expected.

Trade Recommendations:

Expect a possible bullish correction towards 1.1030.

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