EURUSD Elliot Waves Analysis For 22 July 2016 | 22 7月 2016

22 7月 2016, EUR/USD

Wave Analysis

EUR/USD Is currently trading with a bearish bias. Yesterday, the pair broke below a key support level 1.1034 but is currently retracing to it. As long as the pair trades below 1.1034, we expect a possible bearish price movements towards 1.094 or even lower. A clear breakout above 1.1047 may invalidate the anticipated downward rally. This pair should be traded alongside EUR/JPY, GBP/USD, AUD/USD, and NZD/USD. These pairs have a strong positive correlation of up to +0.95 and will have a similar price action during this intraday.

Trade Recommendations:

As long as the pair trades below 1.1034, remain short with an ideal target at 1.0946

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