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We're waiting for a possible position from 1.06859

We're waiting for a possible position from 1.06859 | 18 September 2023

18 September 2023, EUR/USD

We're waiting for a possible position from 1.06859

Wave Analysis

During the previous week on Monday, Euro pulled back to the upperside but could not break and close above 1.06859. This is a key level and while the price does not break and close above it, we are waiting for a rebound from it to pick a possible long term sell position with our targets et at 1.06314. If the price violates the level 1.06859, then we may likely see a possible rally much higher with the next target set at 1.07686 and may likely continue much higher.

Trade Recommendations:

We're waiting for a possible position from 1.06859

Bob Stan
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