We are buyers towards 1.0660.

23 5月 2022, EUR/USD

We are buyers towards 1.0660.

Wave Analysis:

During the previous trading days,the price rallied from the upper trendline at the impulsive wave cycle one towards the lower trendline at the corrective wave cycle two,but it rebounded again towards the upper side in continuation of the corrective wave cycle three.Right now the price is rallying towards the upper side,I expect it to go upto the upper trendline towards 1.0660 or even much higher in continuation of the impulsive wave cycle five.If you are looking at this pair right now, pick a buy from 1.0590 towards 1.0660.

Trade Recommendations:

We are buyers towards 1.0660.

Graham Osano
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