08 Desember 2022, EUR/USD
Wave Analysis
During the previous trading day, Euro rallied to the upperside and is still showing signs of continuing to the upperside. On this chart, I am looking at nothing but a possible momentum to the upperside. The idea on this chart is to keep looking for buy positions expecting a possible rally towards 1.06 and may likely ascend and close above it. A rebound from 1.06 will attract a possible long term sell position with the next ideal target set at 1.03.
Trade Recommendations:
We're buyers towards 1.06.