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traderpulse
Jun 20, 2019 8:03 AM

EUR/USD Wave analysis Long

Euro Fx/U.S. DollarFXCM

Description

The fed has conveyed its intentions, so the bulls are in full form in the counter.
The pair has just completed its one full bull and bear cycle, which we expect it to be a 1-2 wave.
Third wave which is the longest among the cycle of the waves has commenced and we expect it to clear the high of 1.13400 and navigate further.
Hence, we maintain a bullish view on the counter.
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