We are buyers. | 13 Junio 2022
13 Junio 2022, EUR/USD
Wave Analysis:
During the previous trading days, the price rallied from the impulsive wave cycle one towards the upper trendline at the corrective wave cycle two for a while. Right now the price is on the lower trendline at the impulsive wave cycle three, I expect a rebound towards the upper side at the corrective wave cycle four then a bounce back towards the lower trendline at the impulsive wave cycle five. If you are looking at this pair right now, pick a buy from 1.0488 towards 1.0585.Should the price break below the lower trendline then the bears will be in control.
Trade Recommendations:
We are buyers.
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.
