We are sellers towards 1.0725. | 12 Abril 2022
12 Abril 2022, EUR/USD
Wave Analysis:
The Euro has been rallying to the lower side for a while now,the price rebounded from the lower trendline towards the upper side in continuation of the corrective wave cycle four.Currently the price is around the upper trendline,I expect a further bearish momentum to the lower sides in continuation of the impulsive wave cycle five.If you are looking at this chat right now, look for sell positions from 1.0876 towards 1.0725.
Trade Reccommendations:
We are sellers towards 1.0725.
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.
