Sell a break below 1.09380< | 26 September 2019

26 September 2019, EUR/USD

Sell a break below 1.09380<

Wave Analysis

Euro is rallying within an expanding channel formation. As long as the price is contained within this shape formation, we expect nothing but a possible momentum to the lowerside, the anticipated bearish price rally is the continuation ofg the impulsive wave (v) to the lowerside and should break below 1.09380 towards 1.09160. This view remains valid as long as the price is below 1.09600, if this price violates this level to the upperside, the a momentum towards the upper trendline is expected.

Trade Recommendations:

Sell a break below 1.09380

TRADE METALS WITHOUT SWAPS!
Bob Stan
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