We are buyers. | 08 March 2022
08 March 2022, EUR/USD
Wave Analysis:
This pair is currently trading in an expanding wedge formation.previously the price bounced back to the lower trendline,we expect a bullish momentum from the lower trendline towards 1.1300 in continuation of the corrective wave cycle four. Should the price break below the lower trendline, then we expect to continue short but as of now we are buyers.
Trade Reccommendations:
We are buyers.
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.
