We are long. | 03 Juni 2022

03 Juni 2022, EUR/USD

We are long.

Wave Analysis:

Previously, the price broke above a key resistance level and headed upwards but later retraced back to the same level. Right now the price is rebounding from the resistance level at the lower trendline towards the upper side, I expect to see a further bullish momentum towards 1.0955 in continuation of the impulsive wave cycle five. If you are looking at this pair now, pick a buy position from 1.0746 towards 1.0955.

Trade Recommendations:

We are long.

Bob Stan
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