EURUSD: SELL 1.1050, SL 1.1085, TP 1.0800 | 10 Abril 2025

The euro is not giving up hope of correcting the increasingly unfavorable situation it has found itself in, occasionally attempting counterattacks to catch its opponent off guard. The most recent attempt proved quite successful and led to a sharp, impulse-like upward move. This is likely a trap that could ensnare many traders who decide to buy in anticipation of continued upward momentum. During the day, the price is likely to reverse and begin a new downward movement with renewed strength. This is due to the continued development of corrective wave 4, within which the final wave may begin to form. Thus, in this situation, it is recommended to consider selling either at the current price levels or slightly higher. Investment idea: SELL 1.1050, SL 1.1085, TP 1.0800.