We're short | 04 Septiembre 2023
04 Septiembre 2023, EUR/USD
EURUSD is currently very bearish. This pair is in an impulsive phase, as evident from the chart above, with the market forming the impulsive major outer wave 'V.' We anticipate the price dropping, reaching at least 1.0633. You may consider establishing a short position below the support zone at 1.0755, setting your target at 1.0685-1.0633. Please note that this setup will only be invalidated if the price breaks above the resistance zone at 1.0931 (major outer wave "IV"). Ensure you use proper risk management. 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.
