We're long | 12 Julio 2023
12 Julio 2023, EUR/USD
EURUSD is currently in a corrective phase, as indicated by the chart. The market is currently forming the minor wave "c". Notably, the market is exhibiting an ascending channel pattern, typically associated with bearish reversal signals. Despite this, my expectation is for a temporary rise, targeting a level of at least "1.1075", which we have identified as our minor wave c target. Consequently, you may consider placing a buy order at the present market price, with a take profit set at "1.1075".
Trade Recommendations:
We're long
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.
