Last week marked the consolidation for the most active assets of March 1-15 (which is oil and gold). But next week has a lot to show, be ready to take part!
EUR/USD rising inside minor (b)-wave
2019-11-11 • Updated
- EUR/USD rising inside minor (b)-wave
- Next buy target - 85.70
EUR/USD continues to rise inside the minor (b)-wave which started earlier – when the pair reversed up from the combined support zone lying between the support level 1.1700 and the 38.2% Fibonacci correction of the previous sharp upward impulse from the start of July. EUR/USD is expected to rise further to next buy target at the next resistance level 85.70 (high of the impulse wave (i) and the target price calculated for the completion of the active wave (b)).
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