We're expecting further correction towards 1.15. | 01 December 2021
01 December 2021, EUR/USD
Wave Analysis:
Euro is currently rallying around 1.13382. As long as the price remains above the previous day's lowest low, we expect nothing but a possible momentum to the upper side. The anticipated bullish price rally is the continuation of a corrective a corrective wave count and could see the price break and close above 1.13975 and may extend much higher towards 1.16 or even higher. On the flipside, should the price break below 1.11715, then a momentum much lower is expected.
Trade Recommendations:
We're expecting further correction towards 1.15.
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.
