Wait. | 29 July 2022

29 July 2022, EUR/USD

Wave Analysis:

The Euro has been rallying within the upper and the lower trendline for a while now. Previously the price price rebounded from the corrective wave cycle four, towards the upper side in continuation of the impulsive wave cycle five. Right now the price is on the upper trendline, if you are looking at this pair now, wait for a clear break above the upper trendline then pick a buy as of now we are on hold.

Trade Recommendations:

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Bob Stan
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