After the completion of a 3-wave move down from the recent high at 1.2094 to the recent low at 1.1669 (with an ending diagonal structure), price has been bouncing up and down in a 200 pips range.
As long as price remains above 18th Oct low at 1.1729, we remains bullish bias on the EURUSD.
Potential targets can be between 1.1940 to 1.1990 area.
Stops can be placed below the 1.1729 low.
Disclaimer - do you own due diligence and make sure you have a proper plan to engage the trade.
As long as price remains above 18th Oct low at 1.1729, we remains bullish bias on the EURUSD.
Potential targets can be between 1.1940 to 1.1990 area.
Stops can be placed below the 1.1729 low.
Disclaimer - do you own due diligence and make sure you have a proper plan to engage the trade.