EURUSD: BUY 1.0860, SL 1.0830, TP 1.1050 | 24 March 2025
24 March 2025, EUR/USD
As expected, the correction in the trading pair continued. The price did not attempt to start developing Wave 5, as the corrective structure of Wave 4 was not yet complete. This resulted in a decline, but sellers overextended, exceeding expectations.
However, now we can confidently assert that Wave 4 is fully formed. An attempt to grow is already being observed. In the near term, buyers will strive to build on their success and begin work on the concluding Wave 5 of the upward impulsive growth.
For this reason, entering buy trades at current market values appears quite attractive.
Investment idea: BUY 1.0860, SL 1.0830, TP 1.1050.
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.
