Elliott waves analysis – We’re into a sell towards 0.89

During the previous trading day, EURUSD rallied to the lowerside and is still showing signs of continuing much lower. As it is right now, I recommend you keep looking for low risk sell positions, we expect the sellers to push the price much lower and should break below 0.889 and may continue much lower. On this chart, keep looking for long term sell positions.

We’re into a sell towards 0.89