We're sellers towards 1.14113. | 18 Oktober 2021
18 Oktober 2021, EUR/USD
Wave Analysis
After breaking below the level 1.16350, Euro rallied to the lowerside before pulling back to the same level, while the price remains below the level 1.16350, we are looking for long term sell positions towards 1.14113. This is the continuation of the last impulsive wave (c) to the lowerside and may ultimately break and close below 1.14113 towards 1.10680. Onn the flipside, a break above 1.16350 may mean we're now buyers towards 1.19150.
Trade Recommendations:
We're sellers towards 1.14113.
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.
