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We're sellers towards 0.93

We're sellers towards 0.93 | 14 October 2022

14 October 2022, EUR/USD

We're sellers towards 0.93

Wave Analysis
The Overal trend on this chart is bearish, however, we're seeing a current move to the upper side. As long as the price remains below the Envelope indicator, 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 the lowerside towards 0.94 and may likely extend much lower.
Trade Recommendations:
We're sellers towards 0.93

Bob Stan
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