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Sell Eur towards 1.05105.

Sell Eur towards 1.05105. | 24 Abril 2020

24 Abril 2020, EUR/USD

Wave Analysis

Euro continues to move to the lower side and is still pretty much bearish both on the daily and on the weekly charts. As long as the price remains below the previous day's lowest low, we expect nothing but a possible momentum to the lower side, the anticipated bearish price rally is the continuation of the impulsive wave (v) and could break below 1.06295 towards 1.05105 or even lower. If you are looking at this chart, remain short and wait for a break below 1.05105 to confirm a possible sell order.

Trade Recommendations:

Sell Eur towards 1.05105.

Bob Stan
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