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We're sellers towards 1.11.

We're sellers towards 1.11. | 26 November 2021

26 November 2021, EUR/USD

We're sellers towards 1.11.

Wave Analysis:

During the previous trading day the Euro ralled to the lowerside and is still showing signs of continuing much lower. On this chart, we expect nothing but a possible momentum to the lowerside. The anticipated bearish price rally is the continuation of the the last impulsive wave (5) to the lowerside and shold break below 1.21 and could extend much lower. On this chart, I recommend looking for low risk sell positions:

Trade Recommendations:

We're sellers towards 1.11.

Bob Stan
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