We are sellers towards 1.0070. | 21 June 2022

21 June 2022, EUR/USD

We are sellers towards 1.0070.

Wave Analysis:

This pair has been rallying within the upper and the lower trendline for a while now, during the previous forecast we had anticipated a bearish momentum from the corrective wave cycle four. I still expect momentum towards the lower trendline from 1.0532 towards 1.0070 or even much lower in continuation of the impulsive wave cycle five.

Trade Recommendations:

We are sellers towards 1.0070.

Bob Stan
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