We're short | 17 Febrero 2023
17 Febrero 2023, EUR/USD
EURUSD is in a corrective phase the market is moving in the form of a corrective 3-wave pattern the market has formed an expanding wedge from minor corrective wave (a),1.0667, to minor corrective wave (b),1.0788. Again, the market has formed a double bottom at a major zone 1.0663, this has increased the probability of this pair buying at least up to 1.0788. From 1.0788 we expect the price to drop up to 1.0448. Should the price break below the major zone/support level (1.0663) we will enter sell traders.
Trade Recommendations:
We're short
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.
