EURUSD: BUY 1.1630, SL 1.1600, TP 1.1750 | 27 June 2025

27 June 2025, EUR/USD

EURUSD: BUY 1.1630, SL 1.1600, TP 1.1750

The scenario involving the development of a double zigzag turned out to be incorrect. The euro continued to rise, overcoming all difficulties and obstacles. Ultimately, this persistence led the price to break above the highs of both the current and previous year. This growth does not appear to be impulsive, as it consists of three-wave structures. Therefore, it is highly likely that we are seeing the formation of a diagonal triangle. The continued dominance of buying pressure is driving the price toward the upper boundary of the pattern. Thus, in the near term, buying is recommended, and upon reaching the indicated target, a reversal in the opposite direction is advised. Investment idea: BUY 1.1630, SL 1.1600, TP 1.1750.


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.
Bob Stan
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