We're long | 31 5月 2023

31 5月 2023, EUR/USD

EURUSD is moving just as we had predicted in our previous analysis (30/5/2023). The price is in a corrective phase, following the ABC pattern. It is currently forming a descending falling wedge pattern, which is a bullish pattern. I expect this pair to drop down to 1.0713, form a double bottom, and then rise up to our target for minor wave "a" at 1.0813. We will wait for the market to form a double bottom before entering a buy trade. Ensure you use proper risk management since the market can be very volatile.

Trade Recommendations

We're long

Bob Stan
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.