We are sellers. | 26 Julio 2022
26 Julio 2022, EUR/USD
Wave Analysis:
During the previous forecast, we had anticipated that the price would bounce back from 1.0222 towards the lower trendline around 0.9720 in continuation of the impulsive wave cycle five. Right now, the price is still rallying around the upper trendline, I still expect a further bearish momentum. However, should the price break above the upper trendline, then we would be looking for buy positions around 1.0315 with the first ideal target at 1.0570.If you are looking at this pair now, pick a sell from 1.0222 towards 0.9720.
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.
