We sellers with our ideal target at 1.0720. | 11 Februari 2022
11 Februari 2022, EUR/USD
Wave Analysis:
This pair is in a corrective wave count, the price is currently on the upper trendline,just below a key resistance level 1.1469.As long as the price remains below the resistance level we expect a rebound towards 1.0720 or even much lower.On the flip side should the price break above the resistance level then we expect to continue long with our first take profit at 1.1910.But as of now we are sellers.
Trade Reccommendations:
We sellers with our ideal target at 1.0720.
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.
