We are buyers towards 1.0890. | 27 مايو 2022

27 مايو 2022, EUR/USD

We are buyers towards 1.0890.

Wave Analysis:

The Euro is currently trading in an expanding wedge formation, the price has been rallying along the lower trendline at the corrective wave cycle four for a while now. Right now the price is rebounding towards the upper side, I expect it to upto around 1.0890 or eve much higher in continuation of the impulsive wave cycle five. If you are looking at this pair right now, pick a buy from 1.0754 towards 1.0890.

Trade Recommendations:

We are buyers towards 1.0890.


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.
Bob Stan
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