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We're waiting for a buy from around 1.07118

We're waiting for a buy from around 1.07118 | 18 January 2023

18 January 2023, EUR/USD

We're waiting for a buy from around 1.07118

Wave Analysis

Yesterday, the impulsive wave (v) could not rise beyond 1.09, as long as the price remains below this level, we expect nothing but a possible pullback to the lowerside. On this chart, we expect nothing but a possible pullback towards 1.07118. This is a good place to consider a possible long term buy position towards 1.10 and may likely break much higher towards 1.12 or even higher.

Trade Recommendations:

We're waiting for a buy from around 1.07118

Bob Stan
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