EUR/USD Price Has Started Upside Correction Development. | 03 Abril 2024

03 Abril 2024, EUR/USD

EUR/USD Price Has Started Upside Correction Development.

This Time, Expectations Have Been Met and Realized Almost Completely. The Price Having Just Updated a Local Low, Started to Rise Sharply.

This is Likely Due to the Expanding Diagonal Triangle with an Extended 5 Wave Completing Its Formation.

The Next Correction Phase Has Begun, Which May Become Wave 2 in an Emerging Downward Impulse, or Wave B in a Major Bearish Correction. It Is Expected to Continue Rising in the Near Future and Correcting the Current Upward Movement, as Shown in the Given Chart.

Since the Remaining Potential in This Growth Cycle Looks Insignificant, It Is Recommended to Wait for the Next Directional Wave.

Investment Idea: Flat.

Bob Stan
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.