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We are sellers. | 10 February 2022

10 February 2022, EUR/USD

We are sellers.

Wave Analysis:

Initially the Euro was on a downtrend and completed all the wave cycles,during the previous trading days, the price started moving towards the upper side in a move to correct the previous wave count five.Currently the price is slightly below the resistance level (1.1478-101469),as of now we are looking for sell positions around the resistance level,as long as the price remains below this level we are short towards 1.1290.

Trade Reccommendations:

We are sellers.

Bob Stan
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