We're waiting | 23 December 2021
23 December 2021, EUR/USD
Wave Analysis
We continue to see struggling within the upper trendline and lower trendline. As we mentioned during the previous trading day, we are watching for a possible buy from the lower trendline to pick a buy and rebound from the upper ttrendline to pick a possible sell position. In case the price breaks above the upper trendline, then further momentum to the upperside and in case the price breaks below the lower trendline, then further momentum to the lowerside is expected.
Trade Recommendations:
We're on the sidelines.
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.
