We are on the sideline waiting for a clear signal. | 11 January 2022

11 January 2022, EUR/USD

We are on the sideline waiting for a clear signal.

Wave Analysis:

This pair has been on a downward trend, currently the price has been rallying in between the upper trendline and the lower trendline in a corrective wave. If the price breaks above the upper trendline I expect it to go long up to 1.1520,but if the price breaks below the lower trendline I expect it to continue short.

Trade recommendation:

We are on the sideline waiting for a clear signal.


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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