Elliott waves analysis – We’re sellers towards 1.3266


We're sellers towards 1.3266

Wave Analysis:

During the previous trading day, We saw further rally to the lowerside as the price broke and closed below the previous day’s lowest low with just a few points. As it is right now, we expect nothing but a possible momentum to the lowerside. The anticipated bearish price rally is the continuation of both the impulsive waves 5 and (5) to the lowerside and may see the price break below the previous day’s lowest low.

Trade Recommendations:

We’re sellers towards 1.3266

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