We are sellers towards 1.0880. | 19 January 2022

19 January 2022, EUR/USD

We are sellers towards 1.0880.

Wave Analysis:

The last three days the EUR has shown clear signs of strong bearish momentum from level 1.1496,the price is expected to continue downwards up to 1.0880.in a move to complete the impulsive wave 5 or even much lower. If you have entered a sell on this pair, your first target should be at level 1.0880 which is on the lower trendline.

Trade Recommendation:

We are sellers towards 1.0880.

Bob Stan
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