We're sellers towards 0.93. | 07 اكتوبر 2022
07 اكتوبر 2022, EUR/USD
Wave Analysis
After almost 23% fib retracement, Euro has now embarked on a bearish rally. On this chart, I expect nothing but a possible momentum to the lowerside. The anticipated bearish price rally is the continuation of the last impulsive wave (5) to the lowerside and may see the price rally towards 0.9300 and may accelerate much lower with the next target set around 0.92 or even lower.
Trade Recommendations:
We're sellers towards 0.93.
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.
