we are on the sidelines waiting for a clear signal. | 12 Enero 2022
12 Enero 2022, EUR/USD
Wave Analysis:
EUR is currently within a contracting wave formation ,if the price bounces off from the upper trend line, I expect it to continue downwards upto to the lower trendline.On the otherside if the price breaks above the upper trendline, I expect it to continue to the upperside upto 1.1665 or even more further.Currently we are waiting for a clear signal to either buy or sell.
Trade Reccommendation;
we are on the sidelines waiting for a clear signal.
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.
