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We're waiting for a buy around 1.05937 towards 1.06878.

We're waiting for a buy around 1.05937 towards 1.06878. | 21 December 2022

21 December 2022, EUR/USD

We're waiting for a buy around 1.05937 towards 1.06878.

Wave Analysis:

On the 1 Minute timeframe, Euro is still within a range, not going above 1.06878, or below 1.05937. As long as the price remains within these two zones, we expect a reversal from the upper level to pick a sell position and a reversal from the lower level to pick a buy, if the price breaks and closes above the upper level, we will be looking for a possible long term buy position towards 1.1 and a break below 1.05937, then we will be looking for a possible sell position towards 1.04.
Trade Recommendations:
We're waiting for a buy around 1.05937 towards 1.06878.
Bob Stan
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