We're buyers for now | 01 Noviembre 2023
01 Noviembre 2023, EUR/USD
EURUSD continues to exhibit a bullish trend. It is noteworthy that this pair remains within a corrective phase, specifically following an ABC corrective pattern. The price has successfully broken and closed above the resistance zone at 1.0634, indicating a robust bullish trend. Currently, the price is in the process of forming a minor wave, with our target set at 1.0730. There is a noticeable impulsive movement of the price towards the upside.You may consider initiating one above the resistance zone at 1.0634, with your profit target range set between 1.0716 and 1.0735.
Trade Recommendations:
We're buyers 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.
