EURUSD - Expecting a reaction upwards Long

Euro Fx/U.S. DollarFXCM

Description

⋅ Apr 9, 2022 11:05 AM

The wave count for the impulsive downwards wave is almost done, and we see a strong bullish divergence on the RSI.

I expect to see a bullish reaction before reaching 1.06378, with initial targets at 1.112 and 1.147 resistances.