Elliott waves analysis – We’re sellers towards 1/014

EURUSD – Up

Wave Analysis

During the previous trading day, the Euro continued to the lowerside and is still showing signs of continuing to the lowerside. As it is right now, we are expecting a extension of the last impulsuve wave (c) to the lowerside and may see the price rally to the lowerside towards 0.9640 and may break much lower. On the flipside, a rebound from 1.02 will attract a possible buy.

Trade Recommendations:

We’re sellers towards 1/014

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