We're short | 10 May 2023

10 May 2023, EUR/USD

We're short

EURUSD is dropping nicely, just as we predicted in our previous analysis from 9/5/2023. This pair is still in a corrective phase, and the market is currently forming the corrective minor wave c. From the chart above, it is clear that the price has already broken below the lower support trendline impulsively, indicating that this pair is still very bearish. We expect the price to correct sideways before dropping further. If you wish to act on this analysis, you can still place sell orders now with your take profit at 1.0888 and stop loss at 1.0971.

Trade Recommendation:

We're short

Bob Stan
Agree with the review?
Traders' opinion:
Close
ปูมบันทึกอยู่ใน
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus