We are buyers from 1.1066 towards 1.1250. | 01 Abril 2022
01 Abril 2022, EUR/USD
Wave Analysis:
Previously the price bounced back to the lower trendline in continuation of the corrective wave cycle four.As at now the price is on the lower trendline,I expect a further momentum to the upper side towards 1.1250,the anticipated bullish rebound is as a continuation of the impulsive wave cycle five.On the flipside, if the price breaks below the lower trendline clearly, then 1.1050 would be a good place to pick sell positions with our first ideal target at 1.0975.
Trade Reccommendations:
We are buyers from 1.1066 towards 1.1250.
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.
