We're sellers for now | 29 مارس 2023
29 مارس 2023, EUR/USD
EURUSD is still bullish in short term though. The price has broken above a minor zone/Resistance zone impulsively at 1.0831. Again, the market is in a corrective phase which is ABC's corrective pattern. This pair has formed an expanding wedge which is a bearish pattern from 1.0798 to where the price is as of now 1.0841. I expect this pair to buy up to 1.0895. The price is likely to form a bearish reversal pattern at this zone, either a double top or a triple top. From 1.0895 I expect the market to drop at least up to 1.0393.
Trade Recommendations:
We're sellers for now
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.
