We're waiting to sell a rebound from the upper trendline. | 26 October 2022
26 October 2022, EUR/USD
Wave Analysis
During thee previous trading day, euro rallied to the upperside but failed to break above the upper trendline, if the price rebounds from the upper trendline, then further momentum to the lowerside towards the lower trendline. If the price break above the upper trendline, then we will be looking for a possible momentum to the upperside towards 1.02040 and may likely extend much higher.
Trade Recommendations:
We're waiting to sell a rebound from the upper trendline.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
