We're looking for long term sell positions towards 1.17390. | 07 May 2021
07 May 2021, EUR/USD
Wave Analysis
During the previous trading day, Euro rallied to the lowerside and is still pretty much bearish. As it is now, we expect nothing but a possible momentum to the lowerside. As we mentioned during the previous trading day, we are looking for nothing but a possible momentum to the lowerside. If you are looking at this chart right now, keep looking for long term sell positions towards 1.17390 and may breakout much lower. On its way downwards watch for 1.19290 and the next level at 1.17770.
Trade Recommendations"
We're looking for long term sell positions towards 1.17390.
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.
