We're short with our target at 1.0393 | 03 أبريل 2023

03 أبريل 2023, EUR/USD

We're short with our target at 1.0393

EURUSD is currently very bearish. The market is currently in a corrective phase, displaying an ABC corrective pattern. This pair has formed an expanding wedge, which is a bearish pattern starting from 1.0666 and within this expanding wedge pattern, the market has also formed an ascending channel which is a bearish reversal pattern. The price has already broken below this ascending channel and it currently dropping impulsively. I expect this pair to drop up to 1.0393. You can place sell orders now with your take profit at 1.0393.

Trade Recommendations:

We're short with our target at 1.0393


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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