We're sellers towards 0.93 | 14 October 2022
14 October 2022, EUR/USD
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
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.
