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We're watching for a possible sell around 1.03903 towards 1.000.

We're watching for a possible sell around 1.03903 towards 1.000. | 14 September 2022

14 September 2022, EUR/USD

We're watching for a possible sell around 1.03903 towards 1.000.

Wave Analysis

Last week, euro continued to the lowerside and is still showing signs of continuing much lower. On this chart, I am looking forward to a possible continuation to the lowerside, the current bullish price rally is the continuation of a corrective wave count but should not go beyond 1.03903 and should not breakout any higher. At this point, we are anticipating a possible long term sell position with an ideal target set at 1.1447 and will continue much lower.

Trade Recommendations:
We're watching for a possible sell around 1.03903 towards 1.000.
Bob Stan
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