We're buyers towards 1.09. | 09 Diciembre 2022
09 Diciembre 2022, EUR/USD
Wave analysis
Euro continues to rally to the upperside and is showing signs of breaking above 1.06. If the price breaks and closes above this level, then we expect nothing but a possible momentum to the upperside, The anticipated bullish price rally is the continuation of the last impulsive wave (c) to to the upperside and will see the price rally towards 1,07 and may accelerate much higher towards the next level 1.09.
Trade Recommendations:
We're buyers towards 1.09.
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.
