We're sellers towards 0.98 | 25 Agosto 2022
25 Agosto 2022, EUR/USD
Wave Analysis:
Just as previously forecasted, on the daily chart, EURUSD has been in an active downtrend. On this chart, I expect nothing but a possible momentum to the lowerside. The anticipated bearish price rally is the continuation of an impulsive (5) and may see the price extend much lower. As it is according to the layout and the structure of the chart shown above, only sell positions looks ideal and can safely be recommended with an ultimate target set 0.98.
Trade Recommendations:
We're sellers towards 0.98
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.
