We're waiting for a sell from 1.1623 with an ideal target set at 1.1575. | 28 اكتوبر 2021
28 اكتوبر 2021, EUR/USD
Wave Analysis:
During the previous trading day, Euro bounced off from the resistance zone 1.1623-1.1621. As long as the price does not clearly break and close above this zone, this remains to be a good place to consider a possible long term sell position. The anticipated bearish price rally is the continuation of the last impulsive wave (c) to the lower side and should see the price break below 1.1595 towards 1.157 and may continue much lower.
Trade Recommendations:
We're waiting for a sell from 1.1623 with an ideal target set at 1.1575.
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.
