EUR/USD. Flat. | 17 February 2025
17 February 2025, EUR/USD
The goals for the upward movement at this stage have been achieved. There is a high probability of a corrective pause. The price may attempt a retracement. All this will happen within the framework of the forming Wave 3 of the upward impulse.
The trend remains bullish, so considering the expected corrective decline for trading is not recommended, besides, strong movement is unlikely to be expected. A better solution in this situation is to observe the development of events from the sidelines.
The wave picture will become clearer over time, and possible entry points and levels in one direction or another will emerge.
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.
