Elliott waves analysis – We’re sellers towards 0.93

Euro is currently in an active downtrend, as long as the price remains below the upper two moving averages and also we keep seeing price keeps forming lower lows and lower higghs, we expect nothing but a possible momentum to the lowerside, the anticipated bearish pricce rally is the continuation of the last impulsive wave (5) to the lowerside and will see the price rally towards 0.93 and will likely continue to the lowersdie. On this chart, we are strictly sellers.

Trade Recommendations:

We’re sellers towards 0.93