We're sellers towards 0.93. | 11 Oktober 2022
11 Oktober 2022, EUR/USD
Wave Analysis
During the previous trading day, Euro continued to the lowerside and is still showing signs of continuing to the lowerside. As long as the price remains below the Moving average shown above, I expect nothing but a possible momentum to the lowerside, the anticipated bearish price rally is the continuation of the last impulsive wave (5) and should break below 0.94055 and will extend much lower.
Trade Recommendations:
We're sellers towards 0.93.
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.
