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Wait for a buy from around 1.15<

Wait for a buy from around 1.15< | 22 Tháng Chín 2021

22 Tháng Chín 2021, EUR/USD

Wait for a buy from around 1.15<

Wave Analysis:

Just as in the British pound, during the previous trading day, euro rallied to the lowerside but is currently reaching a significant support level 1.16920. This is a major level and while the price is not able to clearly break and close below it we are waiting for a rebound from it to pick a possible long term buy position. A break below it will mean we are continuing to the lowerside with the next ideal target set around 1.15 and may extend much lower. If you are looking at this chart right now, we're watching for a rebound from around 1.16 to pick a low risk buy position.
Trade Recommendations:
Wait for a buy from around 1.15
Bob Stan
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