Here is my continuation analysis of EURUSD. Last week I was expecting that EURUSD will go down. It was going down but after reached 1.2135 area EURUSD bounce back again to 1.2205 area. After I recalculated the waves, it turns out that the impulse 5 waves not done yet. With that said, I believe EURUSD will go higher. For today, I believe EURUSD also will do retracement before going to the upside. I am expecting 1.2125-1.2155 area will be the area before EURUSD will start the upside movement again and targeting 1.2325-1.2350 area.
Disclaimer: This is my personal trading setup !! Please use this only for comparison with your own analysis.
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Cheers.
Disclaimer: This is my personal trading setup !! Please use this only for comparison with your own analysis.
Share your thoughts or ideas in the comment section below and give support by giving like thumbs and sharing with your friends.
Cheers.