Look for long term sell positions towards 1.16141. | 15 اكتوبر 2020
15 اكتوبر 2020, EUR/USD
Wave Analysis
Yesterday, nothing much happened on this pair. The the previous day's candle closed as a Doji candle. As it is now, we are looking a possible long term sell position towards 23.6% fib level with an ideal target set around 1.16141. A breakout below this level will push the price much lower with an ultimate target set around 1.1200 or even lower. On the upper side, only a breakout above 50.0% fib level may imply a possible move to the upper side with ultimate target set around 1.20099.
Trade Recommendations:
Look for long term sell positions towards 1.16141.
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.
