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We're long for now

We're long for now | 28 June 2023

28 June 2023, EUR/USD

EURUSD is still exhibiting a strong bullish sentiment. The market is currently in an impulsive phase, specifically forming the impulsive major wave "V". Over the past 24 hours, the market has formed a bull flag pattern, which indicates a temporary pause in the upward momentum before a potential continuation of the bullish trend. Considering this, you can consider placing a buy order with a take profit target set at 1.1047, which aligns with the projected completion of the major impulsive wave "V".

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We're long for now

Bob Stan
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