Wait | 02 Septiembre 2022
02 Septiembre 2022, EUR/USD
Wave Analysis
Yesterday, Euro rallied to the lowerside but failed to break below the lower trendline. As long as the price does not clear break and close below the lower trendline, we are waiting for a rebound from this level to pick a possible long term buy position towards the upper trendline. On the flipside, should the price breakout below the lower trendline, then we expect a possible extension of the last impulsive wave (5) towards 0.89.
Trade Recommendations:
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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.
