We're waiting for long positions | 30 Agosto 2023

30 Agosto 2023, EUR/USD

We're waiting for long positions

EURUSD is moving just as we had predicted in our previous analysis. The pair is very bullish, and the price is almost reaching our minor wave "a" at 1.0908. We expect the market to continue rising up to the next resistance zone at 1.0908. From this zone (1.0908), we anticipate the market to undergo a corrective drop, reaching at least 1.0841. This is our target for the minor corrective wave "b". For now, I recommend that everyone wait until the market completes the formation of the minor wave "b". Our target is at 1.0908.

Trade Recommendations:

We're waiting for long positions


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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