Remain short towards 1.16249 | 16 اكتوبر 2020
16 اكتوبر 2020, EUR/USD
Wave Analysis
During the previous trading day, Euro continued significantly to the lowerside and is still showing signs of continuing to the lowerside. While we continue to see sustenance below the supportive trendline, we expect nothing but a possible momentum to the lowerside. The anticipated bearish price rally is the continuation of an impulsive wave count and should push the price much lower towards 1.13515. If you are on this chart now, keep looking for long term sell positions towards 1.13515.
Trade Recommendations:
Remain short towards 1.16249
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.
