We are buyers. | 23 Februari 2022

23 Februari 2022, EUR/USD

We are buyers.

Wave Analysis:

The current downward price move is a correction of the previous impulsive wave cycle five,this pair has been trading above the resistsnce zone (1.1294-1.1285),and the price is slightly above the resistnace level.Unless the price breaks below this resistance level,we expect to see a further bullish momentum with the first target at 1.1390.

Trade Reccommendation:

We are buyers.

Bob Stan
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