Expect a possible rally towards the upper trendline. | 06 يناير 2022
06 يناير 2022, EUR/USD
Wave Analysis
Euro is currently rallying with a bullish bias momentum. As long as the price remains below the upper trendline, we expect nothing but a possible momentum to the lowerside. As it is now, I expect nothing but a possible momentum to the upper trendline and should not break beyond it. If the price breaks above the upper trendline, then further momentum much higher is expected with an ultimate target set around 1.1530.
Trade Recommendations:
Expect a possible rally towards the upper trendline.
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.
