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We're waiting for a sell from 1.01945.

We're waiting for a sell from 1.01945. | 28 October 2022

28 October 2022, EUR/USD

Wave Analysis

Euro rallied to the upperside but is still below the level 1.01945. This is a major level, and while the price remains below it, I am waiting for a rebound from it to pick a possible long term sell position towards towards 0.95355. This is a major level, 1.01945, and while the price does not clearly break and close above it, I remain on the sidelines, only looking for long term sell positions upon a rebound from it.

Trade Recommendations:

We're waiting for a sell from 1.01945.

Bob Stan
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