Elliott waves analysis – We’re sellers towards 0.97746.

Just as GBPUSD, EURUSD has not shown any signs of continuing to the lowerside despite the previous forecast. As it is right now, I am looking for low risk sell positions expecting a possible breakout below 0.97746 and will push the price much lower. On this chart, we are looking for low risk sell positions expectng the sellerss to dominate this market. As it is right now, we are less likely to see buy opportunities unless the price ascends and closes anobe 1.03190.

Trade Recommendations;

We’re sellers towards 0.97746.