EUR/USD is currently on daily range within a rising wedge. If there is no break above 1.19, I expect the completion of the formation and thus the continuation of the correction to 1.13. From there, the market would have to be re-analyzed.
Price falls could be favored by the impending financial crisis in Italy.
I don't recommend to go long in these critical days, more reward and less risk if you short from 1,185 range with tight stop loss.
Price falls could be favored by the impending financial crisis in Italy.
I don't recommend to go long in these critical days, more reward and less risk if you short from 1,185 range with tight stop loss.
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
