We're watching for a possible sell around 1.03903 towards 1.000. | 14 Septiembre 2022

14 Septiembre 2022, EUR/USD

We're watching for a possible sell around 1.03903 towards 1.000.

Wave Analysis

Last week, euro continued to the lowerside and is still showing signs of continuing much lower. On this chart, I am looking forward to a possible continuation to the lowerside, the current bullish price rally is the continuation of a corrective wave count but should not go beyond 1.03903 and should not breakout any higher. At this point, we are anticipating a possible long term sell position with an ideal target set at 1.1447 and will continue much lower.

Trade Recommendations:
We're watching for a possible sell around 1.03903 towards 1.000.

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.
Bob Stan
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