EURUSD – Up
Wave Analysis
During the previous trading day, the Euro pulled back to the lowerside but is still above the level 1.03899. This is a key level and while the price does not clearly close below it, this is a good place to consider a possible buy position from. The idea is to have a pending buy limit around 1.03899-1.03563 to pick a low risk buy order with our stop loss at 1.01970 and may likely break and close below it towards 1.00381.
Trade Recommendations:
We’re waiting for a buy around 1.03899-1.03563 towards 1.06378.
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