We're buyers towards 1.06. | 08 Diciembre 2022
08 Diciembre 2022, EUR/USD
Wave Analysis
During the previous trading day, Euro rallied to the upperside and is still showing signs of continuing to the upperside. On this chart, I am looking at nothing but a possible momentum to the upperside. The idea on this chart is to keep looking for buy positions expecting a possible rally towards 1.06 and may likely ascend and close above it. A rebound from 1.06 will attract a possible long term sell position with the next ideal target set at 1.03.
Trade Recommendations:
We're buyers towards 1.06.
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.
