Waiting for a potential buy signal towards 1.0108. | 01 Noviembre 2022

01 Noviembre 2022, EUR/USD

Wave Analysis

So far, on this chart, we have seen a 61.8% fib retracement, where the price is now is a potential good buy opportunity, and if the price breaks and closes below it, then we may likely see a continuation to the lowerside towards 0.97230 and may likely extend much lower. On this chart, while we continue to see sustenance above 0.98680, we are looking for a possible long term buy position.

Trade Recommendations:

Waiting for a protential buy signal towards 1.0108.


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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