EURUSD bullish momentum intact, 1.1470 still important!

2018년 9월 14일

The EURUSD short term wave structure is getting quite clear as each trading session passes. The pair has inched higher and hit 1.1700 levels yesterday before slight pullback. Going forward, bulls could be expected to remain in control and a safe trading strategy could be to buy on dips. We just want to highlight the alternate wave count/structure, if Wave B is unfolding as a more complex correction. In the latter scenario, prices are expected to stay below 1.1733 levels (standard flat); and could drop lower again towards 1.1526 levels at least. Overall, EURUSD remains a strong candidate to hold/add long positions.


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