We're short | 26 Abril 2023
26 Abril 2023, EUR/USD
EURUSD is currently dropping as predicted in our previous analysis (dated 25/4/2023). This pair is still in a corrective phase, following the ABC corrective pattern. We anticipate this corrective phase to end at 1.0829. There was a major resistance zone at 1.0984, which the market broke below impulsively. I expect the price to retest this zone and then continue to drop. If you are holding a sell trade, place your first take profit at 1.0908 and second take profit at 1.0829. Additionally, you can still place a sell order now, with your take profit set at 1.0829.
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.
