We continue to follow the EURO.
The price growth stopped close to the first intermediate target 1.0353. Our preferable scenario is a fall in the price in wave 5, the first target 0.9674 remains in place. A reversal can take place from 1.0353, 1.0728 or 1.1103. A rise in the price of the EURO above 1.1103 will break the downtrend, in which case we will change our view.
The price growth stopped close to the first intermediate target 1.0353. Our preferable scenario is a fall in the price in wave 5, the first target 0.9674 remains in place. A reversal can take place from 1.0353, 1.0728 or 1.1103. A rise in the price of the EURO above 1.1103 will break the downtrend, in which case we will change our view.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.