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We're waiting for long positions

We're waiting for long positions | 30 August 2023

30 August 2023, EUR/USD

We're waiting for long positions

EURUSD is moving just as we had predicted in our previous analysis. The pair is very bullish, and the price is almost reaching our minor wave "a" at 1.0908. We expect the market to continue rising up to the next resistance zone at 1.0908. From this zone (1.0908), we anticipate the market to undergo a corrective drop, reaching at least 1.0841. This is our target for the minor corrective wave "b". For now, I recommend that everyone wait until the market completes the formation of the minor wave "b". Our target is at 1.0908.

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We're waiting for long positions

Bob Stan
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