EURUSD: SELL 1.1410, SL 1.1445, TP 1.1300 | 12 June 2025
12 June 2025, EUR/USD
Volatility in the trading instrument is expected to significantly decrease in the near future. This is due to the formation of a corrective structure, which is considered a simple zigzag.
Within this zigzag, Wave a has formed, and today, Wave b is presumably completed. If this is indeed the case, we can expect an impulsive decline in the near future, which will be the concluding Wave c in the zigzag.
Trading in this situation involves entering sell trades when the local minimum is updated, or one can attempt to enter directly using market values, setting a protective stop loss at the local maximum.
Investment idea: SELL 1.1410, SL 1.1445, TP 1.1300.
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.
