Wait. | 25 Abril 2022
25 Abril 2022, EUR/USD
Wave Analysis;
The Euro is currently trading on a downtrend.During the previous trading days,the price bounced off from the upper trendline at the corrective wave cycle four towards the lower trendline at the impulsive wave count five.As at now the price is rallying around the lower trendline,I expect a further bearish momentum in continuation of the impulsive wave cycle five.If you are looking at this pair right now, wait for the price to break below the lower trendline then pick a sell position from 1.0675.
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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.
