We are short. | 15 Junio 2022
15 Junio 2022, EUR/USD
Wave Analysis:
The Euro is currently on a downtrend, the price has been rallying within the upper and the lower trendline for sometime now. Right now the price is on the upper trendline at the corrective wave cycle four, I expect a bearish momentum towards 1.0225 in continuation of the impulsive wave cycle five. If you are looking at this pair right now, pick a sell from 1.0427 towards 1.0225.Unless the price breaks above the upper trendline then we will be buyers.
Trade Recommendations:
We are short.
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.
