We are buyers. | 08 March 2022

08 March 2022, EUR/USD

We are buyers.

Wave Analysis:

This pair is currently trading in an expanding wedge formation.previously the price bounced back to the lower trendline,we expect a bullish momentum from the lower trendline towards 1.1300 in continuation of the corrective wave cycle four. Should the price break below the lower trendline, then we expect to continue short but as of now we are buyers.

Trade Reccommendations:

We are buyers.

Bob Stan
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