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We are sellers towards 1.0890.

We are sellers towards 1.0890. | 07 February 2022

07 February 2022, EUR/USD

We are sellers towards 1.0890.

Wave Analysis:

As previously forcasted,the Euro is still in a corrective wave cycle and we expect a rebound towards the lower side from where the price is currently at.As at now the sellers have an upper hand,but on the flip side if the price breaks and closes above the upper trendline,then that would be a good place to look for buy positions,as of now we are sellers.

Trade Reccommendations:

We are sellers towards 1.0890.

Bob Stan
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