We're sellers | 23 August 2022
23 August 2022, EUR/USD
Wave Analysis:
EURUSD is currently rally around 0.99270. This is several pips below the monthly support shown above. On this chart, we are looking for long term sell positions expecting a possible breakout below 0.9889- and may likely break and close even below it. As it is right now, I recommend looking for more sell positions towards 0.8 and may continue much lower.
Trade Recommendations:
We're sellers towards 0.80
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.
