We're holding onto a long term sell position. | 06 September 2022

06 September 2022, EUR/USD

We're holding onto a long term sell position.

Wave Analysis:

Euro is currently heading to the lowerside. As it is right now, we expect nothing but a possible momentum to the lowerside. The anticipated bearish price rally is the continuation of the last impulsive wave (5) to the lowerside and should break below 0.97 and may head much lower. On the flipside, should the price break above the upper moving averages, then this could be a good place to consider a possible long term buy position.

Trade Recommendations:

We're holding onto a long term sell position.

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