We're sellers for now | 24 Marzo 2023

24 Marzo 2023, EUR/USD

We're sellers for now

EURUSD is dropping nicely just as we had predicted in our previous analysis. The price is currently in a minor zone. The market is in a corrective phase which is ABC's corrective pattern. Since the price has already formed the minor corrective wave a and minor corrective wave be the price is currently forming the minor corrective wave c. I expect this pair to drop at least up to 1.0582, at this zone there is a minor zone so should the price fail to break below this zone then we will mark it as our minor corrective wave c.

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.
Bob Stan
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