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Wait. | 25 May 2022

25 May 2022, EUR/USD

Wave Analysis:

During the previous forecast, we had anticipated that the price will rebound up to the upper trendline in continuation of the impulsive wave cycle five. The price is currently rallying around the upper trendline, I still expect a break above the upper trendline and a further bullish momentum. However, should the price bounce back to the lower side I expect it to go up to 1.0680,if you are looking at this pair now, wait for a break above the upper trendline then pick a good buy at 1.0750.

Trade Recommendations:

Wait.

Bob Stan
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