We are sellers towards 1.1045. | 01 Februari 2022
01 Februari 2022, EUR/USD
Wave Analysis:
The Euro is currently on a downtrend,during the previous trading day the price bounced off from the lower trendline in continuation of the corrective wave cycle four.Currently the price is on the upper trendline,we expect a rebound from the upper trendline towards the lower side upto 1.1045 or even much lower,as of now we are sellers unless the price breaks and closes above the upper trendline then we would be looking for buy positions.
Trade Reccommendations:
We are sellers towards 1.1045.
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.
