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We're short from 1.13400.

We're short from 1.13400. | 14 November 2018

14 November 2018, EUR/USD

We're short from 1.13400.

Wave Analysis

Earlier today euro pulled back to the upper side but is still below the weekly level 1.13400. As long as the price remains below this level, we expect nothing but a possible momentum to the lower side. The anticipated bearish price rally is the continuation of the impulsive wave (5) to the lower side and should break below 1.1188 further to the lower side with an ultimate target at 1.10. As it is on the chart attached, only sell positions looks more ideal and can be recommended with an ultimate target at 1.10.

Trade Recommendations:

We're short from 1.13400.

101% Double the volume

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Bob Stan
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