we're sellers towards 1.17 | 22 Junio 2021
22 Junio 2021, EUR/USD
Wave Analysis
After a break below the wedge formation, Euro continued to the lowerside and is still pretty much bearish. Following the continuation of the corrective wave (iv) to the upperside, we're are waiting for a rebound from 1.19200 to pick a possible lonmg term sell position. The anticipated sell position is the continuation of the last impulsive wave (v) to nthe continuation of the last impulsive wave (v) to the lowerside and should breakout below 1.1840 towards 1.17 or even lower. As it is now, we are looking for long term sell positions.
Trade Recommendations:
we're sellers towards 1.17
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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.
