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We're buyers towards 1.077.

We're buyers towards 1.077. | 05 December 2022

05 December 2022, EUR/USD

We're buyers towards 1.077.

Wave Analysis

As prevuiiously forecasted, Euro continues to rally to the upperside and is not showing any signs of pulling back to the lowerside. On this chart, we expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is the continuation of the last impulsive wave (c) and may see the price rally upwards towards 1.07710 and may continue much higher. On this chart, buy positions looks ideal and can safely be recommended.

Trade Recommendations:

We're buyers towards 1.077.

Bob Stan
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