We're sellers | 23 Agustus 2022

23 Agustus 2022, EUR/USD

We're sellers

Wave Analysis:

EURUSD is currently rally around 0.99270. This is several pips below the monthly support shown above. On this chart, we are looking for long term sell positions expecting a possible breakout below 0.9889- and may likely break and close even below it. As it is right now, I recommend looking for more sell positions towards 0.8 and may continue much lower.
Trade Recommendations:
We're sellers towards 0.80
Bob Stan
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