We're short towards 1.08600 | 11 May 2023
11 May 2023, EUR/USD
Wave Analysis
Yesterday, we saw very little movements to the lowerside As it is right now, we are looking for low risk sell positions towards 1.0866 and may see the price rally much lower with the next ideal target set around 1.0790 and may continue much loiwer. On this chart, we expect the impulsive wave (c) to push the price much lower towards 1.0790.
Trade Recommendations:
We're short towards 1.08600
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.
