We're sellers towards 1.1355 | 11 نوفمبر 2021

11 نوفمبر 2021, EUR/USD

We're sellers towards 1.1355

Wave Analysis

Yesterday, EURUSD rallied to the lowerside and is still showing signs of continuing much lower. As long as the price remains below the previous day's lowest low, we expect a possible continuation of the last impulsive wave (v) to the lowerside and may break below 1.1412 towards 1.1355 and may extend much lower. As it is right now we are strictly looking for low risk sell positions. Buy positions looks a bit risky and may not be recommended.
Trade Recommendations:
We're sellers towards 1.1355

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.
Bob Stan
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