- According to the analysis we gave the previous day, the EURUSD DOWN SIDE WAVE has gone down about 140 ++ PIPS. We hope you get it anyway. As we have given it, the UPSIDE WAVE is moving.
- Currently the MARKET SENTIMENT for EUR is slightly UP SIDE. The main reason for that is that all MARKETS including STOCKS and STOCKS are slightly UP due to MARKET RISK being ON. And due to the ECB RATE HIKE SENTIMENT, EUR is being BUYED. It will greatly affect the US dollar to weaken it.
- Definitely, according to the market structure, EURUSD can go down to the support level below. Currently there is a good UP SIDE BIAS in the MARKET for EUR. Accordingly, EURUSD can go down to 1.0048 LEVEL. And after that EURUSD can be BUY to the 1.0340 LEVEL if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going UP. So keep an eye on it.