We're buyers towards 1.23. | 01 أغسطس 2021
01 أغسطس 2021, EUR/USD
Wave Analysis
Just as previously anticipated, Euro bounced off from the lower trendline, headed straight to the upperside, but is yet to make any significant moves to the upperside. As it is right now, we expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is the continuation of an impulsive wave count and could see the price break beyond the upper trendline towards 1.23 but should not extend beyond 1.25.
Trade Recommendations:
We're buyers towards 1.23.
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.
