EURUSD: SELL 1.1620, SL 1.1650, TP 1.1500 | 30 July 2025
30 July 2025, EUR/USD
The ice has broken. Sellers, who had been making unsuccessful attempts to push the price down for a long time, finally succeeded. The price rushed down. The nature of the movement turned out to be exactly as expected. Apparently, the formation of the third impulse wave, part of wave C, has begun. Currently, there remains potential for further price decline, driven by the formation of subsequent impulse waves.
In this regard, it is recommended to keep previously opened sell positions active. Additionally, it is worth considering entering extra trades in the same direction at current market levels.
Investment idea: SELL 1.1620, SL 1.1650, TP 1.1500.
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.
