We're buyers towards 1.01945. | 27 October 2022

27 October 2022, EUR/USD

We're buyers towards 1.01945.

Wave Analysis

During the previous trading day, Euro rallied to the upperside and even broke and closed above the upper trendline. On this chart, we expect nothing but a possible momentum to the upperside. On this chart, keep looking for low risk buy positions towards 1.01945 and may likely break and close above, on the flipside, if the price breaks and closes below the level 0.95355, then this will be a good place to consider a sell from.

Trade Recommendations:

We're buyers towards 1.01945.

Bob Stan
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