EUR/USD faces strong support around 1.0850, targets 1.1035

FX:EURUSD   Euro / U.S. Dollar
994 7 17
EUR/USD             has made a low of 1.08471 yesterday and recovered from that level. It is currently trading at 1.09100.

It is facing strong support at 1.08450 and any further weakness only below that level.

Any break below 1.08450 will drag the pair further down till /1.0800/1.0650.

On the higher side minor resistance is around 1.0907 (7 day 4 H EMA ) and any break above would extend gains till 1.0950/1.09875/1.100.

It is good to buy at dips around 1.0885-890 with SL around 1.08450 for the TP of 1.0980/1.1035
Nice, BTW i was expecting that price could come little bit more lower and then rally up. And I assume it can still reverse and come lower.
Had the same idea....:-)Made the analyse to the 1.10000 with wolfe wave pattern..Hope it works out ... Have a nice day.......
FxWirePro PRO johan.verm
s it will work
johan.verm FxWirePro
Is there no problem that the B point in the bat is so low? I have no experiance in bat and Gartley patterns ....
Tree1 johan.verm
it is a gartley
FxWirePro PRO johan.verm
Hii that's Gartley not BAT
johan.verm FxWirePro
Like i said ,still learning...:-)
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