09 April 2021, EUR/USD
Wave Analysis
We continue to see further rally to the upperside but the price is below 50.0% fib level, if the price can rebound from this fib level, then this will be the ideal place to consider a possible long term sell position expecting the price to break below 1.20 towards 1.21 or even higher. On the flipside, should the price again break below 223.6% fib level, then this will be a good place to consider a possible long term sell position expecting a break below 1.16242 towards 1.1580 towards 1.1477 or even lower.
Trade Recommendations:
Wait
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