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Remain short

Remain short | 29 December 2021

29 December 2021, EUR/USD

We're sellers towards the lower trendline.

Wave Analysis:
Euro bounced off nicely from the upper trendline and is currently heading to the lowerside. As it is right now, I expect nothing but a possible momentum to the lowerside and may see the price break below the lower trendline towards 1.1123 and may extend much lower. On this chart right now, only sell positions looks ideal and can safely be recommended.
Trade Recommendations:
Remain short
Bob Stan
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