EUR/USD forecast: Euro closed as a possible bullish pin bar

eurWave Analysis

yesterday, Euro closed as a possible bullish pin bar. As long as the price remains above the upper trendline, we expect nothing but a possible momentum to the upperside. As we said in our previous forecast. This is still the continuation of the last impulsive wave count to the upperside and should breakout above 1.22890 towards 1.23 or even higher. And in case the price pulls back to the lowerside, then we will be watching the level 1.19626 for a possible rebound from this level to pick a low risk buy position.

Trade Recommendations:

We’re upwards towards 1.2380.

Remain long towards 1.24030.

Origin: FreshForex

Leave a Reply