We are sellers towards 1.0515. | 20 5月 2022

20 5月 2022, EUR/USD

We are sellers towards 1.0515.

Wave Analysis:

During the previous trading days,the price rallied from the upper trendline at the corrective wave cycle two towards the lower side at the impulsive wave cycle three,but then rebounded to the upper side in continuation of the corrective wave cycle four.Right now the price is rallying towards the lower side,I expect it to continue upto 1.0515 in continuation of the impulsive wave cycle five.If you are currently looking at this pair right now,pick a sell from 1.0572 towards 1.0515.

Trade Recommendations:

We are sellers towards 1.0515.

Bob Stan
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