We're buyers towards 1.1437 | 30 December 2021

30 December 2021, EUR/USD

We're sellers towards the lower trendline.

Wave Analysis
Yesterday, Euro rallied to the upperside and is still pretty much bullish both on the daily and on the weekly charts. Following the break above the upper trendline, I expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is the continuation of an impulsive wave count and may see the price continue much higher towards 1.1437 and may continue much higher. As it is now, only buy positions looks ideal and can safely be recommended.
Trade Recommendations:
We're buyers towards 1.1437
Bob Stan
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