Wait and sell a break below 0.98577 towards 0.97090. | 02 Noviembre 2022
02 Noviembre 2022, EUR/USD
Wave Analysis
During the previous trading day, Euro remained within a range, not going below 0,99415 and above 0.98577. As long as the price remains within this range, we are on the sidelines, we are basically waiting for a break below the lower line to pick a possible long term sell position. On the flipside, should the price break and close above 0.99415, then this could be a good place to consider a possible buy order towards 1.00876.
Trade Recommendations:
Wait and sell a break below 0.98577 towards 0.97090.
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.
