We're buyers | 14 March 2023
14 March 2023, EUR/USD
EURUSD is in a corrective phase (ABC corrective pattern). Currently, the market is very bullish, the price broke above a major zone/resistance zone at 1.0687 impulsively and now the market is likely to drop up to 1.0687 to retest this major zone. You can enter by traders now (Risk entry), place your profit target at 1.0832 or you can wait for the market to retest this major zone 1.0687 the buy thereafter (reduced risk entry). Should the market break below the major zone (1.0687) impulsively, the setup will be invalidated.
Trade Recommendations
We're buyers
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.
