Free Urdu EUR/USD Wave analysis and forecast for 25.11 – 02.12

EUR/USD Wave analysis and forecast for 25.11 – 02.12: The rise in the pair as part of the correction.

ForexGuru.Pk Offers For Free Urdu Hindi Technical Analysis, Free Urdu Trading SMS 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 ForexGuru.Pk

Estimated pivot point is at the level of 1.0511.

Our opinion: Buy the pair from correction above the level of 1.0511 with the target of 1.0693 – 1.0812. In cease of breakdown of the level of 1.0511, sell with the target of 1.04 – 1.0343.

Alternative scenario: Breakout and consolidation of the price below the level of 1.0511 may trigger further decline to 1.04 – 1.0343.

Analysis: It is likely that on the daily chart long-term downtrend will continue. At the moment the fifth wave of the senior level (5) is being developed, within which the third wave iii of (5) of the junior level has completed. . Locally, it is likely that the upward correction iv of (5) is being formed. If this assumption is correct, the pair will continue to rise up to 1.0693 – 1.0812. Critical level for this scenario is 1.0511.

ForexGuru.Pk Offers For Free Urdu Hindi Technical Analysis, Free Urdu Trading SMS 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 ForexGuru.Pk

Technical Analysis Services Are Powered By PakistanOffice.Com, Forex Education In Urdu, ForexGuru.Com.Pk And Ziaalhassan.Com. For More Information And Free Urdu Forex Training Please Call Dr. Zia-al-Hassan At 0300-6561240