We're waiting for a rebound from 1.16744 to pick a possible long term buy position towards 1.18 | 10 سبتمبر 2021
10 سبتمبر 2021, EUR/USD
Wave Analysis
During the previous trading day, nothing much happened on this pair, we expected a possible rally to the lowerside, however, the price failed to continue any lower. As it is right now on chart attached, we expect a possible continuation of the corrective wave (b) to the lowerside but should not go beyond 1.16744. If the price rebounds from 1.16744, then this will be a good place to consider a possible long term buy position with an ideal target set around 1.21262.
Trade Recommendations:
We're waiting for a rebound from 1.16744 to pick a possible long term buy position towards 1.18
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.
