We are buyers towards 1.1365. | 03 Februari 2022

03 Februari 2022, EUR/USD

Wave Analysis:

Previously this pair rallied within the upper and the lower trendline,the price is on the lower trendline as of now which is also a key resistance level in complition of the corrective wave count four.From this level,we expect the price to continue upwards towards the upper trendline upto 1.1365,unless the price breaks and closes below the resistance key level (1.1304-1.0294) ,then we are buyers for now with our target at 1.1365.

Trade Reccommendations:

We are buyers towards 1.1365.

Bob Stan
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