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Wait | 13 September 2022

13 September 2022, EUR/USD

We're watching for low risk sell positions towards 0.97350.

Wave Analysis:

Just as in GBPUSD, EURUSD continues to correct itself to the upperside but should not go beyond the upper MA. As i mentioned previously, on this chart, sell positions looks ideal and can safely be recommended with an ideal target set around 0.89 and may likely head much lower. On this chart, I am looking forward for a possible rebound from the upper trendline to pick a possible long term sell position.

Trade Recommendations:

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Bob Stan
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