We're long | 08 June 2023

08 June 2023, EUR/USD

We're long

EURUSD is currently exhibiting a strong bullish trend, aligning with our previous analysis from June 7, 2023. The market is presently in the process of forming the minor wave 'C', which, once completed, will signify the conclusion of the corrective phase. If you entered a buy order yesterday, you are likely experiencing profit. It is recommended to adjust your stop loss to the breakeven point in order to safeguard your profits. Moreover, you have the option to initiate additional buy trades at the current market price, with a profit target set at 1.0889.

Trade Recommendations:

We're long

Bob Stan
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