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We're buyers towards 1.05.

We're buyers towards 1.05. | 25 November 2022

25 November 2022, EUR/USD

We're buyers towards 1.05.

Wave Aanlysis

After a break above 1.03085, Euro continued to the upperside and is still showing signs of continuing to the upperside. As it is right now, I am looking for nothing but a possible momentum to the upperside, As I said previously, we are looking for a possible break beyond the previous weeks pick 1.049 and will see the price rally to the upperside with the next ideal target set around 1.05 or even higher.

Trade Recommendations:

We're buyers towards 1.05.

Bob Stan
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