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Resell a correction towards 1.09095.

Resell a correction towards 1.09095. | 01 October 2019

01 October 2019, EUR/USD

Resell a correction towards 1.09095.

Wave Analysis

During the previous trading day, Euro rallied significantly to the lowerside and is still pretty much bearish both on the daily and on the weekly charts. Following the break below the previous week's lowest low, we expect nothing but a possible momentum to the lower side, as long as the price is contained below 1.09095, we expect a possible bearish price action. The anticipated bearish price rally is the continuation of the impulsive wave (E) and should head straight towards 1.07 and could go even lower.

Trade Recommendations:

Resell a correction towards 1.09095.

TRADE METALS WITHOUT SWAPS!
Bob Stan
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