Ktafx

October 23, 2020 at 03:50PM

• EURTRY broke resistance level 9,347

• Likely to rise to 9,6000

EURTRY continues to rise after the earlier breakout of the resistance level 9,347 (which has been steadily reversing the pair from the start of October).

The breakout of the resistance level 9,347 should accelerate the active upward impulse waves 5 and (3).

Given the clear uptrend – EURTRY is likely to rise further toward the next resistance level 9,6000 (intersecting with the sharp up channel from July).

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From: The FxPro Tech Analysis Team https://fxpro.news/market-snapshots/eurtry-wave-analysis-23-october-2020-20201023/
Selected by fonecable.com

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