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Wait. | 28 December 2022

28 December 2022, EUR/USD

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Wave Analysis:

Euro continues to rally within 1.06878-1.05937. Within these two levels is a good place to look for reversals, as it is right now, I am basically looking for a rebound from 1.06878 to pick a sell or a rebound from 1.05937 to pick a buy. If the price breaks above the upper line, we'll be continuing long with the last impulsive wave (v) and if the price breaks below 1.05937, then we will be continuing short with the corrective three wave cycle.
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Bob Stan
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