EURUSD. Waiting for low risk sell opportunities | 02 اكتوبر 2019
02 اكتوبر 2019, EUR/USD
Wave Analysis
According to the previous day's forecast, Euro was suppose to continue to the lowerside. However, as it looks now, Euro pulled back to the upperside but is still pretty much bearish both on the daily and on the weekly charts. As long as the price remains below 1.09400, we expect nothing but a possible momentum to the lowerside. The anticipated bearish price rally is the continuation of the impulsive wave (E) and should break below 1.08790 towards 1.0721 or even lower. One could start looking for sell positions now.
Trade Recommendations:
Look for sell orders now
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.
