Remain long | 13 10月 2017

13 10月 2017, EUR/USD

Remain long

Wave Analysis:

Even after a sharp drop seen last trading day, euro failed to go below the support trend line. We expect this trend line to have marked the end of the corrective wave (4) that the current bullish price rally is the continuation of the impulsive wave (5) to the upper side but should not go beyond 1.20. If 1.20 is violated, then I expect another rise towards 1.21 or even 1.22. This pair should be traded alongside GBPUSD, NZDUSD, AUDUSD and GBPAUD. These pairs have a strong positive correlation and will move in the same direction during this intraday.

Trade Recommendations:

Remain long with an ideal target at 1.21

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