We're sellers towards 1.14113. | 08 October 2021

08 October 2021, EUR/USD

We're sellers towards 1.14113.

Wave Analysis

Just as previously anticipated, Euro rallied to the lower side and is still showing signs of continuing even lower. If you are looking at this chart right now, I recommend you keep looking for low risk sell positions expecting the price to break below 1.14113 and may continue much lower towards 1.12030 or even lower. If the price rebounds from 1.14113, then this will be a good place to consider a possible long term buy position.

Trade Recommendations:

We're sellers towards 1.14113.

Bob Stan
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