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we're short below 1.1486

we're short below 1.1486 | 23 October 2018

23 October 2018, EUR/USD

Wave Analysis

During the previous trading day, Euro went perfectly as forecasted and is still pretty much bearish both in the daily and the weekly charts. As long as the price remains above 1.1486, we're looking for a low risk long position, but should the price break below it, then this will be an ideal place to look for a long term short position with an ultimate target at 1.0468. And on the upperside, a clear bounce from 1.1486 will attract a long term long position towards 1.2400 and could breakout higher towards 1.35.

Trade Recommendations:

we're short below 1.1486

101% Double the volume

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