We're sellers towards 0.93. | 07 October 2022

07 October 2022, EUR/USD

Wave Analysis

After almost 23% fib retracement, Euro has now embarked on a bearish rally. On this chart, I 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 may see the price rally towards 0.9300 and may accelerate much lower with the next target set around 0.92 or even lower.

Trade Recommendations:

We're sellers towards 0.93.

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