We're waiting for a rebuy from around 1.22416. | 08 يناير 2021
08 يناير 2021, EUR/USD
Wave Analysis
During the previous trading day, Euro continued to the lowerside but could not break below 1.22416. As long as we continue to see sustenance below 1.22416, we expect nothing but a possible momentum towards 1.23094, if the price breaks and closes below 1.22416, then we will be expecting further momentum to the lowerside is expected towards 1.22211, if the price breaks and closes below this next target then we will looking for more momentum to the lowerside with an ultimate target at 1.21774.
Trade Recommendations:
We're waiting for a rebuy from around 1.22416.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
