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Sell Euro with your take profit at 1.09160.

Sell Euro with your take profit at 1.09160. | 23 September 2019

23 September 2019, EUR/USD

Sell Euro with your take profit at 1.09160.

Wave Analysis

Perfectly as previously forecasted, Euro bounced off from the upper trendline and is still pretty much below this level. As long as the price is contained below this trendline, we expect nothing but a possible momentum to the lower side. The anticipated bearish price rally is the continuation of an impulsive wave count and should breakout below 1.09160 towards 1.08340 or even lower. This view can only be invalidated in case the price breaks above the upper trend-line, if this is the case, then a momentum towards 1.12450 is expected.

Trade Recommendations:

Sell Euro with your take profit at 1.09160.

TRADE METALS WITHOUT SWAPS!
Bob Stan
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