We are buyers towards 1.1395. | 11 March 2022

11 March 2022, EUR/USD

We are buyers towards 1.1395.

Wave Analysis:

Previously this pair rallied to the lower side,currently the price is on the lower trendline,we expect a bullish momentum to the upper side towards 1.1395 in continuation of the corrective wave cycle four.Alternatively should the price break clearly below the lower trendline, then that would be a good place to look for sell positions.But as ot now the buyers have an upper hand.

Trade Reccommendations:

We are buyers towards 1.1395.

Bob Stan
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