We're short | 07 Febrero 2023

07 Febrero 2023, EUR/USD

EURUSD is on an uptrend.From major wave III,( 1.0863) to major wave V (1.1025) the market moved in form of an ascending channel that is expanding in nature. The price has broken below the lower trendline of this channel impulsively, this shows that the market is on a strong downtrend. Again the market has broken below a major zone at 1.0728 impulsively. The price is currently at minor corrective wave a(1.0708). What we expect now is the market to buy up to around 1.0877. If you have any open sell orders I would advise you to hold and place your take profit at (1.0485).

Trade Recommendations:

We're short

Bob Stan
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.