We are sellers. | 31 March 2022

31 March 2022, EUR/USD

Wave Analysis;

During the previous trading days, the Euro bounced off from the lower trendline to the upper side in continuation of the impulsive wave cycle five.As at now, the price is on the upper trendline,I expect a rebound to the lower side towards 1.0960.On the flipside, should the price break above the upper trendline clearly, then 1.1185 would be an ideal place to look for buy poditions but as of now we are sellers.

Trade Reccommendations:

We are sellers.

Bob Stan
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