Wait and sell a break below 0.99546. | 16 سبتمبر 2022
16 سبتمبر 2022, EUR/USD
Wave Analysis:
EURO continues to remain within a range, not going above 1.00241 or below 0.99546. As long as the price remains within these range, I am waiting for a break below 0.99546 to pick a possible long term sell position, or a break above 1.00241 to pick a possible long term buy position towards 1.01115.A break below the lower level will give us an ideal place to consider a possible long term sell position since this is in line with the overall downtrend.
Trade Recommendations:
Wait and sell a break below 0.99546.
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.
