We're waiting for a buy around 1.05871. | 02 Enero 2023
02 Enero 2023, EUR/USD
Wave Analysis
Euro continues to rally within a rising channel formation. As long as the price remains below 1.06925, we are waiting for a rebound from it to pick a possible long term sell position back towards 1.06927. If the price breaks and close below this level, then further momentum to the lowerside is expected with the next ideal target set around 1.05 and may continue much lower towards 1.04.
Trade Recommendations:
We're waiting for a buy around 1.05871.
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.
