We're sellers towards 1.1356 | 12 November 2021
12 November 2021, EUR/USD
Wave Analysis
During the previous trading day, Euro moved slightly to the lowerside and is still showing signs of continuing much lower. As it is right now, we are sellers, we are holding onto a sell position we took previously expecting the price accelerate much lower towards 1.1356 and may extend much lower. A break below this level will push the price much lower towards 1.1040 and may extend much lower.
Trade Recommendations:
We're sellers towards 1.1356
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.
