EUR/USD is correcting in wave 2 and should ideally see a dip into the support-area between 1.1602 – 1.1696 for where a new impulsive rally in wave 3 is expected towards at least 1.2852 and more likely wave 3 will extend closer to resistance in the 1.4221 – 1.4397 area and set the stage for a new correction in wave 4.
For now the expected correction in wave 2 closer to the support-area between 1.1602 – 1.1696 should be in focus.
Buy EUR in the support-zone between 1.1602 – 1.1696 for the next impulsive rally higher in wave 3
The material has been provided by InstaForex Company – www.instaforex.com
🚀If you want to get a Forex Robot Coded as per your trading strategy but are unable to do so because of the high price for the Robot then you can take advantage of the CROWD FUNDING campaigns feature. ✔ These are some crowd funding campaigns for Forex Robots, which when completed can provide the very same Forex Robot to the participants at an average price of $5-$10 per participant. ✔ You either participate in one of the already listed campaigns or send us your Forex strategy : Submit Crowd Funding Campaign , for which you would like the Forex Robot to be coded. A Crowd Funding Campaign would then be started for the same . ✔ All you have to do later on is to share the campaign online with your friends to encourage more people to participate in the campaign.
As a result, each participant can get that Forex robot for just a campaign contribution of $5 (which is the minimum). Participants can back the campaign by anything above or equal to $5 to reach the funding goal to close the campaign.