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We are sellers towards 1.0725.

We are sellers towards 1.0725. | 12 April 2022

12 April 2022, EUR/USD

Wave Analysis:

The Euro has been rallying to the lower side for a while now,the price rebounded from the lower trendline towards the upper side in continuation of the corrective wave cycle four.Currently the price is around the upper trendline,I expect a further bearish momentum to the lower sides in continuation of the impulsive wave cycle five.If you are looking at this chat right now, look for sell positions from 1.0876 towards 1.0725.

Trade Reccommendations:

We are sellers towards 1.0725.

Bob Stan
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