EUR/USD. The probability of further decline remains quite high.
EUR/USD. The probability of further decline remains quite high. | 19 tháng Giêng 2024
19 tháng Giêng 2024, EUR/USD
The price indeed refrained from declining further and attempted an upward move. A retest followed, but not of the level marked by the red horizontal line, rather at the lower boundary of the channel within which the pair traded for some time.
It seemed like everything was set for a downward move to form the next waves of the descending structure. However, the price is once again attempting to rise. Perhaps, this signifies the continuation of the local correction, and ultimately, the price may still move downward in the presumed wave iii.
In this situation, it is recommended to consider opening sell positions when the current local minimum is breached.
Investment idea: Sell at 1.0845, stop loss at 1.0870, take profit at 1.0750.
Trình duyệt của bạn không hỗ trợ cookie Nếu cookie đã bị vô hiệu trong trình duyệt Internet của bạn, bạn có thể gặp vấn đề với việc hiển thị Khu vực cá nhân. Cách bật hỗ trợ cookie .