We're buyers towards the upper trendline. | 11 Noviembre 2022
11 Noviembre 2022, EUR/USD
Wave Analysis
During the previous trading day, Euro failed to rally to the upperside, instead the price pulled back to the lowerside but is still above the blue Moving average. We are still expecting a bullish rally towards the upper trendline. On this chart, if the price breaks and closes above the upper trendline, then further momentum to the upperside is expected towards 1.03540 and may move much higher.
Trade Recommendations:
We're buyers towarrds the upper trendline.
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.
