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We're looking for a possible long term sell positions from 1.06197 towards 0.902832

We're looking for a possible long term sell positions from 1.06197 towards 0.902832 | 11 August 2022

11 August 2022, EUR/USD

Wave Analysis:

During the previous trading day, EUR rallied to the upperside and is still showing signs of continuing much higher. As it is right now, I am looking for possible low risk buy positions expectiong a possible breakout abvove the previous day's highest high. On the flipside, if the price fails to break above 1.6197, then this will be a good place to consider a possible long term sell position with an ultimate target set at 0.9810 and may likely extend much lower.
Trade Recommendations:
We're looking for a possible long term sell positions from 1.06197 towards 0.902832
Bob Stan
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