We are buyers towards 1.1085. | 21 April 2022

21 April 2022, EUR/USD

Wave Analysis:

The Euro is currently trading on a downtrend,the price recently rebounded from the upper trendline at the corrective wave cycle two towards the lower side at the impulsive wave cycle three.As at now,the price is rallying around the lower trendline,I expect a further bullish momentum towards 1.1085 in continuation of the corrective wave cycle four.If you are looking at this pair right now,pick a buy position from 1.0850 towards 1.1085.

Trade Recommendations:

We are buyers towards 1.1085.

Bob Stan
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