EURUSD: BUY 1.0820, SL 1.0790, TP 1.1050 | 02 Abril 2025
02 Abril 2025, EUR/USD
Buyers are not rushing to force events and, deciding to first explore the possibility of impulsive growth, made a weak attempt to rise. This received a reaction that almost completely absorbed the already insignificant movement.
However, buyers are unlikely to settle for this. The current wave situation obligates them to search for vulnerabilities in the defense of the U.S. dollar. This is because an upward impulsive rise, driven by the formation of Wave 5 in the presumed bullish impulse, is now required.
Thus, we continue to consider buying as the primary option and attempt to enter long positions.
Investment idea: BUY 1.0820, SL 1.0790, TP 1.1050.
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.
