EURUSD: SELL 1.0910, SL 1.0940, TP 1.0750 | 13 March 2025
13 March 2025, EUR/USD
The situation with the pair developed precisely as predicted during the past trading day. Encouraged by this, the euro once again escaped the pressure from sellers and confidently updated the previously established high of the current year.
Apparently, this marks the end of the euro's achievements for the foreseeable future. Going forward, the start of a corrective price decline is expected, which could turn out to be quite strong. By default, the development of a simple zigzag is assumed, and the situation will be adjusted accordingly as it progresses.
Thus, a favorable situation has emerged for entering sell trades.
Investment idea: SELL 1.0910, SL 1.0940, TP 1.0750.
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.
