We are buyers towards 1.1375 | 15 February 2022

15 February 2022, EUR/USD

We are buyers towards 1.1375

Wave Analysis:

Previously this pair was on a smooth down trend,the impulsive wave cycle five was complited at a key support level (1.1282-1.1277) with a pin bar.The price bounced off from the support zone and is currently headed upwards.As long as the price remains above this key support zone, we are bullish with our first ideal target at 1.1375.

Trade Reccommendations:

We are buyers towards 1.1375.

Bob Stan
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