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We're sellers towards 1.14113.

We're sellers towards 1.14113. | 07 Octubre 2021

07 Octubre 2021, EUR/USD

Wave Analysis

During the previous trading day, Euro rallied to the lowerside and is still pretty much bearish. As it is right now, we are looking forward to the continuation of the last impulsive wave (c) to the lowerside and may breakout below 1.14113 and may continue much lower. If you are on this chart right now, remain short towards 1.14113, a breakout below this level will push the price much lower with the next ideal target set around 1.10865.

Trade Recommendations:

We're sellers towards 1.14113.

Bob Stan
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