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Eurusd is picking a bullish momentum

Eurusd is picking a bullish momentum | 02 Noviembre 2023

02 Noviembre 2023, EUR/USD

EURUSD maintains a bullish stance. It's evident that this pair is still within a corrective phase, following an ABC corrective pattern. The price has notably encountered rejection at the support zone of 1.0519 and is currently showing a strong upward push. This movement signifies the formation of the minor wave, with our target set at 1.0730. The current momentum indicates a strong upward movement. You can consider entering one above the resistance zone at 1.0634, setting your profit target between 1.0716 and 1.0735.

Trade Recommendations:

Eurusd is picking a bullish momentum

Bob Stan
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