We are buyers towards 1.1175. | 24 Marzo 2022

24 Marzo 2022, EUR/USD

We are buyers towards 1.1175.

Wave Analysis:

The Euro is currently on a corrective wave cycle four,we expect the price to rebound to the upper side towards 1.1175 in continuation of the impulsive wave cycle five.However, if the price breaks below the lower trendline clearly, we expect to continue to the lower side with our first ideal target at 1.0905.But as of now we are buyers.

Trade Reccommendations:

We are buyers towards 1.1175.


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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