We're waiting for a rebound from 1.01430 towards the upper trendline. | 16 Agosto 2022

16 Agosto 2022, EUR/USD

We're waiting for a rebound from 1.01430 towards the upper trendline.

Wave Analysis:

Yesterday, EURUSD rallied to the lowerside but could not break below the lower trendline. As it is right now, we are waiting for a clear rebound from it to pick a possible long term buy position towards the upper trendline. On this chart, a buy is recommended towards the upper trendline. And in case the price breaks below this trendline, then we will be waiting for a bearish rally towards 1.00048 and may likely extend much lower.
Trade Recommendations:
We're waiting for a rebound from 1.01430 towards the upper trendline.
Bob Stan
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.