May Monthly Wave Analysis on EUR/USD

1 min read

Hi Traders,

the EUR/USD downtrend accelerated at the end of April with price action dipping below the round level of 1.05 for the first time since January 2017.

Video on EUR/USD, Financial Markets & April’s Performance

The EUR/USD is in a strong downtrend and more lower lows are expected to take price action down to 1.0325 and 1.0250.

We also review the performance of our trading systems during April 2022. Check out the video below: 

Good trading,
Chris Svorcik

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