We are short towards 1.0910. | 14 February 2022
14 February 2022, EUR/USD
Wave Analysis:
The Euro has been on a downtrend for a while now, currently the price is on the upper trendline in a corrective wave cycle four, during the last trading days the price tried breaking above the upper trendline but it ended up closing below it with a pin bar, we expect a rebound to the lower side towards 1.0910 in continuation of the impulsive wave cycle five. Right now we are sellers.
Trade Recommendations:
We are short towards 1.0910.
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.
