Wait. | 24 Februari 2022
24 Februari 2022, EUR/USD
Wave Analysis:
Earlier today the Euro broke below the resistance level ( 1.1294-1.1285), and the price moved to the lower side massively, right now the price is on the lower trendline in continuation of the impulsive wave cycle five.Should the price break below the lower trendline clearly then 1.1235 would be a good place to look for sell positions.Alternatively, the price could bounce back to the retracement level then continue downwards.
Trade Reccommendations:
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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.
