EUR/USD - downtrend awaited

By SuperForex
Looking at the 4-hour chart we can see that the pair continued its growth towards the main support/resistance level.
Currently we are waiting for the development of a downward correction after which a new upward wave may take place. We advise to set Stop Loss around the mark of 1.1720 and Take Profit at 1.1640
downdowntrendEURstoplosstakeprfitTrend AnalysisUSDwaveWave Analysis
SuperForex

Disclaimer