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We are buyers.

We are buyers. | 13 June 2022

13 June 2022, EUR/USD

We are buyers. Wave Analysis:

During the previous trading days, the price rallied from the impulsive wave cycle one towards the upper trendline at the corrective wave cycle two for a while. Right now the price is on the lower trendline at the impulsive wave cycle three, I expect a rebound towards the upper side at the corrective wave cycle four then a bounce back towards the lower trendline at the impulsive wave cycle five. If you are looking at this pair right now, pick a buy from 1.0488 towards 1.0585.Should the price break below the lower trendline then the bears will be in control.

Trade Recommendations:

We are buyers.

Bob Stan
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