We are buyers towards 1.0605. | 19 May 2022
19 May 2022, EUR/USD
Wave Analysis:
This pair is currently on an uptrend,during the previous trading days,the price rallied from the lower trendline at the corrective wave cycle two towards the upper side at the impulsive wave cycle three.Right now the price is on the lower trendline ralling towards the upper side,I expect a further bullish momentum towards 1.0605 in continuation of the impulsive wave cycle five.If you are looking at this chart right now,pick a buy from 1.0498 towards 1.0605 or even much higher.
Trade Recommendations:
We are buyers towards 1.0605.
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.
