Wait | 21 Junio 2023
21 Junio 2023, EUR/USD
EURUSD is presently in the process of forming the minor corrective wave "b." The market has displayed a double bottom formation at the level of 1.0899, which is typically considered a bullish reversal pattern. This double-bottom formation acts as a confirmation of potential buying opportunities. Based on this analysis, a buy order can be considered with a take profit target set at the level of the minor corrective wave "b" at 1.0955. It is advisable to place a stop loss order at 1.0891 to manage potential downside risk.
Trade Recommendation:
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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.
