We are buyers. | 23 Februari 2022

23 Februari 2022, EUR/USD

We are buyers.

Wave Analysis:

The current downward price move is a correction of the previous impulsive wave cycle five,this pair has been trading above the resistsnce zone (1.1294-1.1285),and the price is slightly above the resistnace level.Unless the price breaks below this resistance level,we expect to see a further bullish momentum with the first target at 1.1390.

Trade Reccommendation:

We are buyers.


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.
Bob Stan
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