We are sellers. | 18 July 2022

18 July 2022, EUR/USD

We are sellers.

Wave Analysis:

This pair has been trading below the resistance level (1.0113-1.0109) for a while now, recently the price rebounded from the corrective wave cycle four towards the upper side at the impulsive wave cycle five. Right now the price is on the resistance level, I expect a bearish momentum towards around 1.0020.If you are looking at this pair right now, pick a sell from the resistance level with your ideal target at 1.0020. On the flipside, should the price break above the resistance level then we automatically become buyers.

Trade Recommendations:

We are sellers.

Bob Stan
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus