We're sellers towards 1.1356 | 12 November 2021

12 November 2021, EUR/USD

We're sellers towards 1.1356

Wave Analysis

During the previous trading day, Euro moved slightly to the lowerside and is still showing signs of continuing much lower. As it is right now, we are sellers, we are holding onto a sell position we took previously expecting the price accelerate much lower towards 1.1356 and may extend much lower. A break below this level will push the price much lower towards 1.1040 and may extend much lower.
Trade Recommendations:
We're sellers towards 1.1356
Bob Stan
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