EUR/USD. Flat. | 14 February 2025
14 February 2025, EUR/USD
The price experienced significant volatility during the past trading day. Despite this, the overall direction remained upward. It is still assumed that an upward impulse is developing, which is also Wave 3. Being at predetermined levels, such as the high of Wave 1, the price may temporarily stall and hold steady, forming an internal correction in what is presumably an extending third wave.
For this reason, it is probably not worth opening additional buy trades at this time. Today is recommended to be devoted to observation. Perhaps the market will provide more advantageous and clear points for opening buy trades.
Investment idea: Flat.
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.
