We're long | 06 Junio 2023

EURUSD is currently undergoing a corrective phase, following the ABC corrective pattern. The market is presently forming the minor wave "c", which, upon its completion, will signify the end of the corrective phase. I anticipate that the market will form a bullish flag pattern, potentially an expanding wedge, before experiencing an upward movement towards our target level of 1.0890, which corresponds to the completion of the minor wave "c". Reaching this zone will mark the conclusion of the corrective phase. It is recommended to wait for the formation of the bullish flag pattern before considering entering buy orders.

Trade Recommendations:

We're long