EURUSD: BUY 1.1450, SL 1.1415, TP 1.1550 | 04 June 2025
04 June 2025, EUR/USD
The euro continued to strengthen confidently, following the expected scenario in which a leading diagonal is currently developing—specifically, wave 5 of the pattern. At this point, the potential for further growth remains. The target for the upward movement lies at the upper boundary of this diagonal structure. Therefore, continued upward movement is expected in the near future. For this reason, it is recommended to keep previously opened long positions active. Additionally, opening new positions on a breakout above the current local high could also be a good opportunity. Investment idea: BUY 1.1450, SL 1.1415, TP 1.1550.
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.
