We're sellers towards 1.13025. | 23 Agosto 2021
23 Agosto 2021, EUR/USD
Wave Analysis
According to the Intraday indicators attached, we're flat, however, based on price action, the price just broken below a significant supportive trendline. As long as the price remains below this trendline, we expect nothing but a possible momentum to the lowerside, the anticipated bearish price rally is the continuation of the corrective wave (a) to the lowerside and should break below 1.15335 and may extend much lower with the next ideal target set at 1.13025.
Trade Recommendations:
We're sellers towards 1.13025.
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.
