EUR/USD: Wave analysis and forecast for 17.06 – 24.06: The pair is likely to decline.
For Free Urdu Hindi Technical Analysis, Free Urdu Trading Signals, Free Urdu Hindi Forex Training Course, Forex Account Management In Pakistan And Complete Advance, Professional And Expert Level Forex Training In Urdu And Hindi In Pakistan Call Us +92-300-6561240, Or Visit Our Urdu Forex Training Section At Digitech.Com.Pk
Estimated pivot point is at the level of 1.1297.
Our opinion: Sell the pair from correction below the level of 1.1297 with the target of 1.0990 – 1.0940.
Alternative scenario: Breakout and consolidation of the price above the level of 1.1297 will allow the pair to continue the rise up to 1.1454.
Analysis: Presumably, downward correction of the senior level continues as the wave ii of 3 in the 4-hour timeframe. At the moment, it is likely that the upward correction has completed as the wave (b) of ii, and the wave (c) of ii is developing, within which the wave of the junior level (iii) of (c) is likely to develop. Critical level for this scenario is 1.1297.
For Free Urdu Hindi Technical Analysis, Free Urdu Trading Signals, Free Urdu Hindi Forex Training Course, Forex Account Management In Pakistan And Complete Advance, Professional And Expert Level Forex Training In Urdu And Hindi In Pakistan Call Us +92-300-6561240, Or Visit Our Urdu Forex Training Section At Digitech.Com.Pk
Technical Analysis Services Are Powered By PakistanOffice.Com, Forex Education In Urdu, ForexGuru.Pk And Ziaalhassan.Com. For More Information And Free Urdu Forex Training Please Call Dr. Zia-al-Hassan At 0300-6561240