Wait | 01 Agosto 2023
01 Agosto 2023, EUR/USD
EURUSD has been bearish since the beginning of this week (7/31/2023). Currently, the market is at inner corrective wave 'IV' at 1.0962. We expect a bullish move to the upside, reaching up to 1.1768. Please note that this zone is our target for the major outer impulsive wave 'III'. Lastly, if the market breaks below 1.0962, which is a support zone, this setup will be invalidated. You can place a buy order now with your take profit set at 1.1768 and your stop loss at 1.0902. Ensure you use proper risk management.
Trade Recommendations:
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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.
