We're sellers towards 1.1190 | 10 December 2021
10 December 2021, EUR/USD
Wave Analysis:
Yesterday, the US Dollar rallied to the lowerside and is still pretty much bearish both on the daily and on the 4 hours chart. As we mentioned during the previous session, we are looking forward to a possible long term sell position and may see the price break and close below 1.1167 and may extend much lower. As it is right now, we keep looking for a possible low risk sell position, buy positions, or holding onto a buy position looks a bit risky and may not be recommended.
Trade Recommendations:
We're sellers towards 1.1190
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.
