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سپورٹ
فوری اکاونٹ کھولیں
تجارتی پلیٹ فارم
رقم جمع کروانا / نکلوانا

12.07.202106:37 Forex Analysis & Reviews: Elliott wave analysis of EUR/USD for July 12, 2021

Exchange Rates 12.07.2021 analysis

EUR/USD has respected key support at 1.1704 and seems to have bottomed just above at 1.1790 and we will now be looking for a break above minor resistance at 1.1895 as the first strong indication that wave 2 has bottomed and wave 3 is headed higher towards the long-term target at 1.2763.

A break above resistance at 1.1975 will confirm that wave 2 has completed and wave 3 is in motion for the next impulsive rally in circle wave 5

Trading recommendation:

Buy EUR for a rally towards 1.2763 and place your stop at 1.1700

*تعینات کیا مراد ہے مارکیٹ کے تجزیات یہاں ارسال کیے جاتے ہیں جس کا مقصد آپ کی بیداری بڑھانا ہے، لیکن تجارت کرنے کے لئے ہدایات دینا نہیں.

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