We're in a range for now | 15 Junio 2023

15 Junio 2023, EUR/USD

EURUSD has followed the predicted trajectory outlined in the previous analysis (dated 6/14/2023). The market has completed the impulsive phase and has now transitioned into a corrective phase. Observing the chart, we can identify that the market is currently at the level of minor wave 'a' at 1.0800. The expectation is for the market to reverse its direction and begin an upward correction, potentially forming a rising wedge pattern. The target for this minor corrective wave is projected to be at 1.0863.

Trade Recommendations:

We're in a range 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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