EURUSD – Up
Wave Analysis
Euro is currently in a correction mode, following the rebound from the lower trendline, euro is continuously showing sustenance above 0.96860. This is a significant horizontal support and while the price does not break and close below it, then we are waiting for a rebound from it to pick a buy order. As it is right now, we are still buyers towards the upper trendline and may breakout above it towards 1.02220.
Trade Recommendations:
We’re long towards the upper trendline.
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