We're looking for sell positions for now | 17 Noviembre 2023

EURUSD is currently in an impulsive phase, with the price forming the impulsive major wave 'V.' Although the price is presently dropping, it appears to be a pullback triggered by the rejection at the resistance zone of 1.0881. Furthermore, the double rejection from the same zone, 1.0881, resulting in the formation of a double top, confirms a potential short-term reversal to the downside. We anticipate the price to reach 1.0759, followed by a reversal to the upside with our target set at the resistance zone of 1.0955. Consider placing a long position at 1.0759, with your profit target at 1.0955

Trade Recommendations:

We're looking for sell positions for now