We're sellers | 25 Marzo 2021
25 Marzo 2021, EUR/USD
Wave Analysis
EURUSD continues to remains below the lower trendline and is still pretty much bearish. While the price is contained below the lower trendline, we are expecting a possible continuation of the last impulsive wave (E) to the lowerside and should breakout below 1.17 towards 1.15 or even lower. If you are on this chart, keep looking for long term sell position expecting a possible break below 1.17. On the flip side should the price break above the lower trendline, then this will be a good place to consider a possible long term buy position towards the upper trendline.
Trade Recommendations:
We're sellers
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.
