In longer run we can see the EUR has touch the high of 1.600 against the USD and then started corrective wave A 1.23 level, then from that point Wave B is forming triangle which can be seen in the below mention chart. Point 1.3736 was the end point of triangle and we have stared the wave C, as you all aware we must get 5 wave structure in wave C.
We can short EUR/USD at level i.e.1.3200 level with stop of 1.370 and added few more if its goes above our level. In longer term we expect the target of 1.100 to 1.05.
Happy Trading
D.K.
We can short EUR/USD at level i.e.1.3200 level with stop of 1.370 and added few more if its goes above our level. In longer term we expect the target of 1.100 to 1.05.
Happy Trading
D.K.
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