We're short for now | 11 Septiembre 2023
11 Septiembre 2023, EUR/USD
EURUSD is currently very bearish. As we can see from the chart above, the market has been dropping impulsively to the downside. We expect the pair to remain bearish at least until next week. This pair is currently in an impulsive phase, and according to the chart, it is forming the impulsive major outer wave 'V.' We anticipate the price dropping, at least down to 1.0605. If you are holding a sell trade now, I highly recommend moving the stop loss to breakeven to lock in profits, as the price is nearly reaching our target.
Trade Recommendations:
We're short for now
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.
