We're short | 06 Julio 2023

06 Julio 2023, EUR/USD

We're short

EURUSD is currently experiencing an impulsive phase, characterized by a strong bearish sentiment. Upon analyzing the chart, we can observe that the market is in the process of forming the impulsive major wave 'V', with a target set at 1.0833. The market is nearing our target, and if you have an active sell trade, it is advisable to adjust the stop loss to the breakeven point and consider taking profits at 1.0833. However, it is important to note that initiating a new sell trade at this point is considered highly risky.

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.
Bob Stan
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