We're sellers | 17 Oktober 2022
17 Oktober 2022, EUR/USD
Wave Analysis:
On the British pound chart, we expect nothing but a possible momentum to the lowerside. WAs we mentioned last week, we expect nothing but a possible momentum to the lowerside, just as Euro, we are looking for a possible long term sell position. The anticipated bearish price rally is the continuation of the last impulsive wave (5) to te lowerside and shoould head towards 1.02 or even lower. On this chart, we are sellers.
Trade Recommendations:
We're sellers
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.
