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We're buyers.

We're buyers. | 08 June 2021

08 June 2021, EUR/USD

We're buyers with an ideal target set at 1.25 or even higher towards 1.26 or even higher.

Wave Analysis

During the previous trading day, Euro moved significantly to the upper side and is still pretty much bullish both on the daily and on the weekly charts. As long as the price remains above the previous day's opening price,
we are looking for a possible long term buy position expecting the price to rally much higher with the next ideal target set around 1.23250. If you are on this chart right now, we are maintaining a buyers perspective. The idea is to watch for possible low risk buy positions with our stop losses below the previous day's lowest low.

Trade Recommendations:

We're buyers.

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Bob Stan
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