Wait | 10 August 2021
10 August 2021, EUR/USD
Wave Analysis
Currently, euro is rallying within a range not going above the upper trendline or below the lower trendline, if the price should rebound from the lower trendline, we will be looking for a possible buy towards the upper trendline, and in case the price breaks below the same trendline, then we will be expecting further momentum to the lower side and should break below n1.37725 and may extend much lower with the next ideal target set at 1.36370.
Trade Recommendations:
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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.
