We're buyers towards 1.23282. | 26 May 2021

26 May 2021, EUR/USD

Wave Analysis

Yesterday and earlier today, Euro continues to rally to the upperside and is still pretty much bullish both on the daily and on the weekly charts. As long as the price remains above the zone 1.21822, 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 price break above 1.23282 towards 1.24 or even higher. If you are on this chart right now, keep looking for long term buy positions.

Trade Recommendations:

We're buyers towards 1.23282.

This is the seventh portfolio developed by FreshForex specialists. Each of the previous six portfolios showed positive results, with a total return of 86.2%.

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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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