Hold onto sell positions towards 1.0393 | 04 4月 2023

04 4月 2023, EUR/USD

EURUSD is still very bearish though for the better part of yesterday (3/4/2023), the market was bullish (Short term). This pair is in a corrective phase which is the ABC corrective pattern. As we can see on the chart above the market is currently at a major zone/resistance zone (1.0911). I expect this pair to form a double top at this zone (1.0911), and then drop up to 1.0393. Price reaching this zone will mark the end of the corrective phase and also that of minor wave (C). You can place sell orders now with your take profit at 1.0393.

Trade Recommendations:

Hold onto sell positions towards 1.0393

Bob Stan
同意该评论吗?
交易员的评论:
Close
授权
您浏览器禁用cookie 文件. 在此情况下, 私人空间显示不正常. 如何启动cookie 文件的支持.