We're sellers | 07 Marzo 2023
07 Marzo 2023, EUR/USD
EURUSD is in a corrective phase,(ABC corrective pattern). The market has been bullish since yesterday. Currently, the market is at a major zone/resistance zone,(1.0685). We expect the market to form a double top at this zone then drop at least up to (1.0525) and complete the corrective phase. You can place sell-stop orders at 1.0670 with your profit target at (1.0576), and stop loss at (1.0717). Should the market break above the resistance zone (1.0685) and retest, the setup will be invalidated.
Trade Recommendations:
We're sellers
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.
