As long as the price remains below 1.06304, we are looking for low risk sell positions. | 26 Septiembre 2023
26 Septiembre 2023, EUR/USD
During the previous trading day, euro rallied to the lowerside and is still showing signs of continuing to the lowerside. As long as the price remains below 1.06304, we expect nothing but a possible momentum to the lowerside. The anticipated bearish price rally is the continuation of the last impulsive wave (v) to the lowerside and may see the price extend much lower towards 1.04 and may extend much lower. Only a break and close above 1.06304 will push the price much higher.
Trade Recommendations:
As long as the price remains below 1.06304, we are looking for low risk sell positions.
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.
