Mehreen_Yasin

EURUSD Forecast: London Session Update (14 Feb)

FX:EURUSD   Euro / U.S. Dollar
As mentioned yesterday, EURUSD is in corrective waves. My EURUSD Forecast remains bearish. According to Elliott wave Forecast, it looks price completed the formation of wave (b) and is now going to complete the formation of wave (c). Looking for the resistance areas 1.0650-1.0690 to go short on this pair. Price is trading near the support level of 1.0612. Support can push the price higher towards 1.0650-90. Look for reversal near resistance levels. Trade according to Trading Rules to avoid loss.

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.