We are buyers from 1.1416 towards 1.1475 | 08 Februari 2022
08 Februari 2022, EUR/USD
Wave Analysis:
Previously Euro broke above this resistance zone(1.1416-1.1408) and the price has been ralllying above it for the past few days,as it is right now, the price is currently retracing back to the same level and we expect to continue upwards from the resistance level towards 1.1475. Alternatively should the price break and close below the resistance level then we will be looking for sell positions as of now we are short term buyers.
Trade Reccommendations;
We are buyers from 1.1416 towards 1.1475
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.
