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Saturday, 8 June 2019

FOREX TRADING ANALYSYS: Wave analysis and forecast for 07/06/2019 – 14/06/2019



The pair EUR/USD is still likely to fall. Estimated pivot point is at a level of 1.1317.

Main scenario: short positions will be relevant below the level of 1.1317 with a target of 1.1020 – 1.0950.

Alternative scenario: breakout and consolidation above the level of 1.1317 will allow the pair to continue the rise up to the levels of  1.1447 – 1.1571.

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