Look for sell positions towads 1.13753. | 22 سبتمبر 2020

22 سبتمبر 2020, EUR/USD

Look for sell positions towads 1.13753.

Wave Analysis

During the previous trading day, Euro rallied to the lowerside and is now below the supportive trendline. As long as the price remains below the supportive trendline, we expect nothing but a possible momentum to the lowerside, the anticipated bearish price rally is the continuation of the impulsive wave (c) to the lowerside and should break below 1.16150 towards 1.13753. A break below this level will push the price much lower towards 1.09170. A break above 1.182302 may push the price much higher.

Trade Recommendations:

Look for sell positions towards 1.13753.


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.
Bob Stan
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