Look for long positions for now | 15 November 2023
15 November 2023, EUR/USD
EURUSD is currently in a strong bullish trend. The pair is in an impulsive phase, as indicated in the chart above. We can observe that the price is currently within the impulsive major wave labeled 'V,' and our target is the resistance zone at '1.0955'. You may consider placing a long position, which involves a RISK ENTRY since the price is approaching the resistance zone at '1.0955', with your profit target also set at 1.0955. Ensure you employ proper risk management to mitigate potential risks.
Trade Recommendations:
Look for long positions for now
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.
