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We're sellers towards 1.21623

We're sellers towards 1.21623 | 02 June 2021

02 June 2021, EUR/USD

We're buyers towards the upper trendline.

Wave Analysis

The previous day's candle closed as a perfect bearish pin bar candle. As it is now, we have sellers in full control. The idea on this chart is to keep sellers perspecctive expecctinga break below the previous day's lowes low towards 1.21623. If you are looking at this chart right now, we recommend looking for long term sell positions with an ultimate target set at 1.2100. If the price should break and close above the previous day's highest high then we will be looking for long term buy positions.
Trade Recommendations:
We're sellers towards 1.21623
Bob Stan
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