EURUSD – The third impulse wave begins to lengthen

21.02.2022

Last week did not end the way it was described in the scenario. The bulls could not cope with the pressure of the bears, and the price went to the lows. But, most likely, this behavior is due to the beginning of the correction, and now we are already seeing the pair’s attempts to actively grow.

This is all based on the formation of the third wave of upward momentum, most likely lengthening. So, a good continuous growth is expected soon.

Recommendations: Buy 1.1350, SL 1.1320, TP 1.1550.