We are buyers towards 1.1395. | 11 March 2022

11 March 2022, EUR/USD

We are buyers towards 1.1395.

Wave Analysis:

Previously this pair rallied to the lower side,currently the price is on the lower trendline,we expect a bullish momentum to the upper side towards 1.1395 in continuation of the corrective wave cycle four.Alternatively should the price break clearly below the lower trendline, then that would be a good place to look for sell positions.But as ot now the buyers have an upper hand.

Trade Reccommendations:

We are buyers towards 1.1395.


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.
Bob Stan
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