We're short for now | 12 Septiembre 2023
12 Septiembre 2023, EUR/USD
EUR/USD is currently displaying strong bearish momentum. The price is currently situated within a significant resistance zone, and we anticipate it will face rejection at this level, leading to a sharp downward move. This movement aligns with the formation of the impulsive major outer wave 'V.' Our target for the drop is at least 1.0633. If you are currently holding a sell trade, I strongly recommend moving your stop loss to breakeven to secure your profits, as the price is approaching 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.
