18 January 2023, EUR/USD
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