Forecast for EUR/USD for the week from 13 to 17 January 2020

Forecast for EUR/USD for the week from 13 to 17 January 2020

The current week has passed in the fall of the euro/dollar pair and a rise is expected from the new week and perhaps even a breakdown of the previous maximum

If we take into account the three-wave cycle, then at the moment the price is in the correctional sub-wave of the third final main wave, which should come approximately to the indicated mark on the chart (shown by the arrow)

Also, the indicators went down and the price approached the support level, from which it can push off.

What to do and how to trade?

From Monday, you can look for entry points on a younger TF (H1, M30) for an upward entry.

You can also get more accurate entry points by SMS or in our closed Telegram chat!

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