01 November 2022, EUR/USD
Wave Analysis
So far, on this chart, we have seen a 61.8% fib retracement, where the price is now is a potential good buy opportunity, and if the price breaks and closes below it, then we may likely see a continuation to the lowerside towards 0.97230 and may likely extend much lower. On this chart, while we continue to see sustenance above 0.98680, we are looking for a possible long term buy position.
Trade Recommendations:
Waiting for a protential buy signal towards 1.0108.