We're waiting for a buy around 1.03899-1.03563 towards 1.06378 | 06 Diciembre 2022

06 Diciembre 2022, EUR/USD

We're waiting for a buy around 1.03899-1.03563 towards 1.06378

Wave Analysis

During the previous trading day, the Euro pulled back to the lowerside but is still above the level 1.03899. This is a key level and while the price does not clearly close below it, this is a good place to consider a possible buy position from. The idea is to have a pending buy limit around 1.03899-1.03563 to pick a low risk buy order with our stop loss at 1.01970 and may likely break and close below it towards 1.00381.

Trade Recommendations:

We're waiting for a buy around 1.03899-1.03563 towards 1.06378.


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.
Bob Stan
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