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We're buyers towards 1.21.

We're buyers towards 1.21. | 14 December 2022

14 December 2022, EUR/USD

We're buyers towards 1.21.

Wave Analysis

During the previous trading day, Euro rallied to the upperside and is still pretty much bullish both on the daily and on the weekly charts. As it is right now, I am looking at nothing but a possible long term buy position. The idea is to look for low risk buy position with ideal target set at 1.07 and may likel extend much higher with the next ideal target set around 1.10 and may likely extend much higher. On this chart, keep looking for buy orders.

Trade Recommendations:

We're buyers towards 1.21.

Bob Stan
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