Sell Euro towards 1.10040 | 28 10月 2019

28 10月 2019, EUR/USD

Sell Euro towards 1.10040

Wave Analysis

After reaching the highs of 1.11690, the euro could not continue higher. The fact that the last impulsive wave (v) could not break above the end of the previous impulsive wave (iii) is a clear sign that there are no enough buyers to push price higher. As it is on the 4 hours attached, we expect further momentum to the lowerside. The anticipated bearish price rally is the continuation of the last impulsive wave (c) to the lowerside and should break below 1.10590 towards 1.09905 and could breakout lower.

Trade Recommendations:

Sell Euro towards 1.10040

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