Look for sell positions towards 1.17025. | 07 Octubre 2020
07 Octubre 2020, EUR/USD
Wave Analysis
Yesterday, Euro rallied massively to the lowerside and even went below the supportive trendline. as long as the price remains below the lower trendline, we expect nothing but a possible momentum to the loweriside. The anticipated bearish price rally is the continuation of a corrective wave count to the lowerside and should breakout below 1.17026 towards 1.16148. A break below this level will push the price much lower towards 1.15 or even lower. If you are looking at this chart now, keep looking for low risk sell positions.
Trade Recommendations
Look for sell positions towards 1.17025.
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.
