We're sellers towards the lower trendline. | 20 سبتمبر 2021
20 سبتمبر 2021, EUR/USD
Wave Analysis
For the past few day's Euro rallied to the lowerside but is still within a contracting wedge formation. As it is right now, we are sellers towards the lower trendline and may break below it. If this is the case, then further extension of the last impulsive wave (c) to the lowerside is expected with the next ideal target set at 1.14274 and may extend much lower. On the flipside, a break above the upper trendline will push the price to the upperside.
Trade Recommendations:
We're sellers towards the lower trendline.
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.
