We are sellers. | 18 Julio 2022
18 Julio 2022, EUR/USD
Wave Analysis:
This pair has been trading below the resistance level (1.0113-1.0109) for a while now, recently the price rebounded from the corrective wave cycle four towards the upper side at the impulsive wave cycle five. Right now the price is on the resistance level, I expect a bearish momentum towards around 1.0020.If you are looking at this pair right now, pick a sell from the resistance level with your ideal target at 1.0020. On the flipside, should the price break above the resistance level then we automatically become buyers.
Trade Recommendations:
We are sellers.
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.
