We are sellers towards 1.0610. | 17 Maret 2022

17 Maret 2022, EUR/USD

We are sellers towards 1.0610.

Wave Analysis:

During the previous trading day the price rallied upwards and is currently on the upper trendline.The Euro and the GBP seems to be moving on the same direction.We expect the price to bounce off to the lower side in continuation of the impulsive wave cycle five.However,if the price break above the upper trendline clearly,then 1.1060 would be a good place to pick buy positions.

Trade Reccommendations:

We are sellers towards 1.0610.

Bob Stan
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