We're Sellers | 02 March 2023
02 March 2023, EUR/USD
EURUSD is still in a corrective phase, and the market is yet to complete the full corrective phase. As we can see on the chart above, the price has been rejected at a major zone 1.0685. I expect this pair to drop from this resistance zone 1.0685, at least up to 1.0534. And since at 1.0534, there is a major zone the price can be rejected at this zone, form a double bottom then buy, should the market break below the support zone 1.0534 impulsively we will place more sell trades with our profit target at 1.0212,(Minor corrective wave c).
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We're Sellers
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.
