EURUSD: SELL 1.1660, SL 1.1675, TP 1.1580 | 08 September 2025
08 September 2025, EUR/USD
Over the past period, the situation for this pair has changed marginally. However, the expected decline did not materialize, with the price instead experiencing a slight upward movement while remaining within the developing correction.
A downward move is still anticipated in the near term, driven by the development of wave z, which is part of the triple three pattern. Following this, an impulsive rise could begin.
Therefore, it remains advisable to consider entering short positions at current market levels. The movement potential appears sufficiently attractive for such a trading decision.
Investment idea: SELL 1.1660, SL 1.1675, TP 1.1580.
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.
