EURUSD: BUY 1.0805, SL 1.0780, TP 1.1050 | 26 March 2025
26 March 2025, EUR/USD
Judging by the current state of affairs, buyers still lack compelling arguments to restart the upward movement. Under persistent pressure from sellers, the price continues to drift lower, albeit staying within acceptable correction parameters.
It is still believed that Wave 4 in the upward impulsive movement is developing. This corrective wave is likely taking the form of a flat. At present, this model appears nearly complete, meaning that the impulsive upward movement driven by Wave 5 could resume at any moment.
In view of this, the recommendation to buy remains valid.
Investment idea: BUY 1.0805, SL 1.0780, TP 1.1050.
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.
