We're watching for a possible sell position from 1.03653-1.03236 towards 0.99730. | 15 August 2022
15 August 2022, EUR/USD
Wave Analysis:
EURUSD is currently heading to the upperside. As long as the price remains within the converging wedge formation, we expect a possible rebound from the zone 1.03653-1.03236 to
pick a possible long term sell position with an ideal target set around 0.99730 and may likely extend much higher. On this chart, wait for a break below the immediate trendline
to pick a possible long term sell position with an ideal target set at 0.99730.
Trade Recommendations:
We're watching for a possible sell position from 1.03653-1.03236 towards 0.99730.
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.
