Euro / Đô la MỹGiá xuống
EURUSD might triger selloff close to 1.1900 handle
EURUSD had been drifting sideways since printing 1.1915 highs, potential lower degree Wave 2. The currency might push through 1.1920 mark to re-test fibonacci 0.618 retracement of the drop between 1.2010 and 1.1750 respectively. At a larger degree, EURUSD has completed am impulse from 1.0636 lows through 1.2010 high on September 01, 2020. Since then it has successfully carved potential lower degree Waves 1 and 2 around 1.1750 and 1.1914 levels respectively. If the above structure holds, EURUSD bears would be back in control soon. Good to sell on rallies.
Remain short, stop above 1.2010, target is open.
Risk Disclaimer:
Trading Forex or any CFD products may not be suitable to all investors and they must evaluate their risk appetite. The above article should not be construed as a trading or investment advice as it is solely for education and information purpose only. Trading might incur a loss of capital and hence investors might be required to gain further knowledge regarding the risks involved. Leverage should be used wisely.
Remain short, stop above 1.2010, target is open.
Risk Disclaimer:
Trading Forex or any CFD products may not be suitable to all investors and they must evaluate their risk appetite. The above article should not be construed as a trading or investment advice as it is solely for education and information purpose only. Trading might incur a loss of capital and hence investors might be required to gain further knowledge regarding the risks involved. Leverage should be used wisely.
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