We're sellers | 23 February 2023
23 February 2023, EUR/USD
EURUSD is in a corrective phase, we expected the price to move up and break above the major zone/resistance level at 1.0705 but it was rejected and is currently dropping, This pair is likely to drop up to 1.0479, although there is a major zone at 1.0579, I expect the price to break below it, should the market fail to break below this zone,(1.0579), we will close all open sell orders as the market will now be on a short term buy probably up to 1.0708 then drop up to 1.0479 to complete the corrective phase.
Trade Recommendations:
We're sellers
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
