We're sellers towards 1.11881. | 20 December 2021

20 December 2021, EUR/USD

We're sellers towards 1.11881.

Wave Analysis

Euro is currently in an active downtrend. As it is right now, we are looking forward to a possible rally much lower towards the lower trendline and may break below 1.11881. If the price breaks below this level, then further momentum much lower is expected with an ideal target set at 1.10 abd may extend much lower. We are likley to see a pullback towards the same lower trendline to pick a possible low risk sell position towards 1.11081.

Trade Recommendations:

We're sellers towards 1.11881.

Bob Stan
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus