We're long for now | 23 Junio 2023
23 Junio 2023, EUR/USD
EURUSD is currently in an impulsive phase, indicating a strong bullish sentiment in the market. The formation of a falling wedge pattern further supports this bullish outlook. The price is currently at a significant support zone of 1.0946. Based on this analysis, it is expected that the market will form a double-bottom pattern at the support zone, serving as a bullish reversal signal. Following the completion of this pattern, an impulsive upward move can be anticipated, with a target set at 1.1060, which is identified as the major impulsive wave "V".
Trade Recommendations:
We're long 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.
