Wait | 06 Januari 2023

06 Januari 2023, EUR/USD

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Wave Analysis

EURUSD having competed the impulsive 5 wave pattern ,is currently correcting to the down side.the price has moved below the minor corrective wave a, this indicates that we're on a short downtrend, this is the right time to sell ,with a tight stop loss just above the minor corrective wave "a" that is 1.05420 and take profit at 1.03380.

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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.
Bob Stan
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