EURUSD – Up
EURUSD is currently very bearish. The market is currently in a corrective phase, displaying an ABC corrective pattern. This pair has formed an expanding wedge, which is a bearish pattern starting from 1.0666 and within this expanding wedge pattern, the market has also formed an ascending channel which is a bearish reversal pattern. The price has already broken below this ascending channel and it currently dropping impulsively. I expect this pair to drop up to 1.0393. You can place sell orders now with your take profit at 1.0393.
Trade Recommendations:
We’re short with our target at 1.0393
You may check other analytical reviews on FreshForex website. Source: freshforex.com.
