As long as the price remains above the level 1.21500, we are looking for long term buy positions | 10 Mei 2021
10 Mei 2021, EUR/USD
Wave Analysis
Last week on Friday, Euro rallied to the upperside and is now above 1.21500. This is a key resistance level and while the price remains above it, we expect nothing but a possible momentum to the upperside and should break even higher towards 1.23 or even higher. If you are looking at this chart right now, keep looking for long term buy positions. And in case the price again pulls back to the lowerside and close below 1.21367, then this will be a good place to consider a possible long term sell position.
Trade Recommendations:
As long as the price remains above the level 1.21500, we are looking for long term buy positions
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.
