We're buyers towards 1.16663 | 20 Oktober 2021

20 Oktober 2021, EUR/USD

Wave Analysis:

During the previous trading day, Euro rallied to the upperside and is still pretty much bullish both on the daily and on the weekly charts. As it is right now, we are looking for a possible continuation of the last impulsive wave (c) to the upperside and should continue towards 1.16663 and may continue much higher towards 1.17, On the otherside, a rebound from around 1.16663 will mean we're sellers towards 1.16238 and may extend much lower towards 1.15 and may extend much lower towards 1.14.
Trade Recommendations:
We're buyers towards 1.16663
Bob Stan
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