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We are sellers with our ideal target at 1.0910.

We are sellers with our ideal target at 1.0910. | 09 February 2022

09 February 2022, EUR/USD

We are sellers with our ideal target at 1.0910.

Wave Analysis:

The Euro is currently on a downtrend,the price is on the upper trendline in continuation of the corrective wave cycle four,we expect a rebound from the upper trendline to the lower side towards 1.0910 in continuation of the impulsive wave cycle five.As of now we are sellers from 1.1418 with our ideal target at 1.0910,however,if the price breaks and closes above the upper trendline then that would be a good place to look for buy positions.

Trade Reccommendations:

We are sellers with our ideal target at 1.0910.

Bob Stan
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