Look for long term sell positions towards 1.16141. | 15 October 2020

15 October 2020, EUR/USD

Look for long term sell positions.

Wave Analysis

Yesterday, nothing much happened on this pair. The the previous day's candle closed as a Doji candle. As it is now, we are looking a possible long term sell position towards 23.6% fib level with an ideal target set around 1.16141. A breakout below this level will push the price much lower with an ultimate target set around 1.1200 or even lower. On the upper side, only a breakout above 50.0% fib level may imply a possible move to the upper side with ultimate target set around 1.20099.

Trade Recommendations:

Look for long term sell positions towards 1.16141.

Bob Stan
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus