We're sellers. | 19 August 2022
19 August 2022, EUR/USD
Wave Analysis:
Despite being positively correlated to the British pound, Euro continues to rally much lower following the break below 1.05045. As is it is right now, we expecct a possible extension to the lowerside, I recommend looking for low risk sell positions expecting the price to continue much lower with the next ideal target set at 0.9606 and may likely continue much lower.
Trade Recommendations:
We're sellers.
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.
