We're short towards 1.08600 | 11 Mei 2023

11 Mei 2023, EUR/USD

Wave Analysis

Yesterday, we saw very little movements to the lowerside As it is right now, we are looking for low risk sell positions towards 1.0866 and may see the price rally much lower with the next ideal target set around 1.0790 and may continue much loiwer. On this chart, we expect the impulsive wave (c) to push the price much lower towards 1.0790.

Trade Recommendations:

We're short towards 1.08600

Bob Stan
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