Still correcting | 27 9月 2017

27 9月 2017, EUR/USD

Still correcting

Wave Analysis:

Perfectly as previously forecasted, we continued short with the corrective three wave cycle, with the last impulsive wave (c) extending lower but should not go beyond 1.16894. As long as the price is contained above 1.16894, we expect a possible rebound from this level to buy this pair at the least risk possible. We expect that, upon a rebound from 1.16894, we expect an impulsive bullish wave count towards 1.22. This view can only be invalidated in case the price ends up violating the support 1.16894, if this is the case, then we expect further bearish correction towards 1.11282. This pair should be traded alongside AUDUSD, NZDUSD and GBPUSD. These pairs have a strong positive correlation and will move in the same direction during this intraday.

Trade Recommendation:

Flat

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